EXCLUSIVE: Your Uber, Ola rides could get much more expensive if it were up to the Maharashtra government
Advertisement
Advertisement
Cab aggregators like
Every state government has been dealing with the continuous strikes by the kali- peeli taxi unions and auto rickshaw
ALSO READ: Now, you can list your car for rent when it's not in use and get paid for it
According to the guidelines, an application for grant or renewal of a license for a taxi will cost INR 1,00,000 and on top of that the license itself will cost INR 25,000 for cars up to engine capacity of 1,400 CC and for higher capacity engines typically sedans, the license will cost INR 2,61,000! Between Ola and Uber there are about 20,000-40,000 cars plying in the state, and about half of them are sedans according to Ola.
Advertisement
Now, as taxi-aggregators are just a platform, these costs, if implemented will be transferred to drivers and then, ultimately consumers.
Pranay Jivrajka, COO, Ola talked to us to talk about an alternative scheme which is very inclusive in nature and enables and gives an opportunity for aggregators to bring all forms of mobility on the platform. This also allows the traditional cabs to join.
He said ‘If a driver has to buy a vehicle, he saves up INR 40-70,000 right now to get the car on road, but permit costs are projected to get as high as INR 3.5 lakh. It will be quite difficult for a driver to turn into an entrepreneur. No one gives loans on permits fees. This will drastically impact the growth of supply and therefore growth of industry.’
Advertisement
All of this, in the financial capital of India, where the taxi unions seem to be running the show, instead of their vehicles.
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Sustainable Event Planning
- Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project
- As back-to-office avatars turn casual, comfy sneaker sales pick up pace
- Fresh photographs of Milky Way’s black hole Sgr A* reveal strong, twisted magnetic field similar to M87*
- 8 Lesser-known places to explore in Himachal Pradesh