It’s official: Surge pricing for Uber, Ola is legal now
India has finally come up with a new set of rules for the taxi-apps industry, which means
Ola and Uber who have gone off the Indian roads multiple times causing distress to regular customers should be relieved now.
The best part for their businesses is that surge pricing has been made official, within limits, that is.
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According to reports, CEO of the
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The allocations for bike sharing, urging states to consider allowing converting private bikes to taxis was also made.
Ola and Uber had both launched bike taxis in India last year but had to take them out due to government rulings. Uber has eventually brought them back in some cities with Hyderabad being the latest to be added to their kitty.
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This move is being welcomed at the time when government organizations such as IRCTC have also introduced ‘dynamic’ or surge pricing to keep up with the demand and supply of popular trains.