The government has reduced fares of water transport by Tk 15 paisa per kilometre after fuel prices were lowered by Tk 5 per litre.
The Ministry of Shipping issued a notification in this regard on Thursday.
River transport fares have been declined to Tk 2.85 per km for the first 100 km from the existing Tk 3.00 per km. And beyond the first 100 km, the fare has been decreased to Tk 2.45 per km from the existing Tk 2.60.
The minimum fare has also been re-fixed at Tk 30, Tk 3 less that the existing Tk 33, according to the government notification.
On Monday, the government lowered fuel prices by Tk5 per litre 23 days after raising them by up to 51.68 per cent.
Prices of diesel and kerosene are now Tk109, petrol Tk125, and octane Tk130 per litre at the filling stations.
On August 16, the government increased launch fares in view of 42.5% hike -- from Tk 80 to Tk 114 a litre -- in the diesel price.