Govt Issues Fresh Guidelines For Cab Aggregators; Puts Cap On Surge Pricing
Click here to read full article from source
India, Nov. 27 -- In an attempt to make aggregators accountable and responsible for their operations, while ensuring customer safety and driver welfare, the Union road transport and highways ministry on Friday issued fresh guidelines to bring ride-hailing apps including Ola, Uber under a regulatory framework.
Some of the guidelines are:
Aggregators will be allowed to charge a fare 50% lower than the base fare and a maximum surge pricing of 1.5 times the base fare
Aggregator license can be suspended if there is - 'systemic failure' to ensure safety of the rider and the driver, repetitive instances of financial inconsistencies with regard to the fares charged to riders, unjustified imposition of surge pricing, 'severity of financial swin...
To read the full article or to get the complete feed from this publication, please Contact Us