Since the existing laws, regulations and the verdict of the Supreme Court have clearly made any kind of syndicate and cartel, the department has started work to implement the laws and regulations in order to promote competition in the public transportation system, said the
DoTM.
Four levels of moneyness are given as: less than 0.85 (i.e,
DOTM), from 0.85 to 1.00 (i.e., OTM), from 1.00 to 1.15 (i.e., in-the-money, ITM), and greater than 1.15 (i.e., DITM).
According to Department of Transport Management (
DoTM), number of vehicles has reached 11,26,763 in the first eight months of the current fiscal year from 75,141 in 1989-90.
Any effort to improve the urban transport system in Kathmandu must be led by the public sector, and in the case of public transport, the Department of Transport Management (
DoTM), said the Manila-based bank.