Traffic jams cost Kathmandu Rs 116 billion a year: Study

File: A traffic jam in Koteshwar

Kathmandu, March 19

Traffic jams in Kathmandu cost the city and its people Rs 116 billion, shows a study.

The research paper written by economist Sher Jung Bahadur Chand reads that cost is calculated based on the amount of time people lose to the congestion every day.

The report says the traffic pressure has caused an increase in the number of people with mental health problems by five per cent.

The report further claims jams increase the amount of carbon emission by 28 per cent and the depreciation in the price of vehicles by four per cent.

Twenty researchers conducted the survey among over 1,200 people for the past six months, says Chand, a post-doctoral researcher at the Atlantic International University in the US.

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