Personal Experiences,Study, Learning Blog of Abu Rashid aka Harun

In generally govt provide a maximum price for taxi,bus, cng autorickshaw fare and these vehicle usually keep these as their rate.

However if reverse thing could be done an interesting situation arises. For example, Bangladesh Government Road Transport Authority sets 12 Taka per km for CnG autoricksaw. Now All autorickshaws use this in their meter. However due to rising cost, jam etc most of the CNG autorickswaws go to the destination on contract which usually is higher than waht comes up in meter. So if the government sets a price per KM quite high, then cng autoricshaws usually would provide discount to the passengers and prefer to use the meter instead of contract. So for price maximum ceiling should be a little higher form the prevalent market value.