New Delhi, Dec. 26 -- Can a state-created cooperative relieve India of a near duopoly in its market for taxi services?

Uber and Ola have long ruled the ride-hailing business, with Rapido having sliced itself a share lately, but if a government plan works out, a cooperative model under the brand Bharat Taxi could alter this market's rivalry dynamics.

As announced by home minister Amit Shah, this service is set for launch within two months.

What sets it apart, he said, is that profits will go to drivers instead of companies.

Job generation is a major part of the Centre's aim, which makes its success a matter of public interest, but cab users stand to gain too.

This market is short of competition-which needs to play a more effective reg...