Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola

Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola

After Karnataka government’s decision to curb surge pricing by taxi aggregator, it is now Maharashtra government which is planning to adopt the same. As per reports, the state transport department is planning adopt concrete policies on fare fixation to curb surge pricing.

‘’The fare will be decided on the cost of the vehicle and the engine capacity. The transport department will enjoy powers to cancel licences for non-compliance,’’ a Maharashtra minister said.

The proposed rules for taxi aggregators will go beyond what Karnataka has introduced i.e. induction schedule for taxis, where only 25% of the fleet can be acquired at the time of being granted the licence, 50% in three months, 75%  in six months and 100 per cent in a year. The proposal has been sent to the government.

The rules, if imposed, will definitely benefit customers, however, it will be harsh for the cab hailing apps. It might even put driver partners of Uber and Ola out of work for weeks/months.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola-Inc42 Media
Now Maharashtra Govt. Wants To Shut Surge Pricing By Uber & Ola-Inc42 Media
You’re in Good company