As confirmed by sources, the Ladakh Taxi Operators Cooperative Ltd. has made a 10% rise in the taxi rates for the year 2011-2012. The President LTOCL told that the increment in the taxi rates have been made primarily because of none revising of the rates over the last three years and also considering the price hike of diesel. However, the rates will be applied from the month of April, 2011.
Following the suite, the Hotel Association of Ladakh too decided to increase their hotel rates by 10%. “The increase in taxi and hotel rates should not make the tourists give a second thought over their visit to this region because it is a very reasonable increment considering the inflation in general and expenses in particular pertaining to the geographical location of Ladakh,” said Tundup Dorjey, a leading travel agent in Leh.
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