Wednesday 25 May 2016

Uber to cap surge prices in Delhi as per Govt regulations

Cab aggregator Uber has informed the Delhi government that it is ready to cap its fares at rates fixed by the government, reports Mint. Currently, taxi services cost Rs 12.50 for economy taxis, Rs 14 & Rs 16 per km for non-AC and AC black and yellow top taxis, and Rs 23 per km for radio taxi cabs with an LCD board on the rooftop displaying “Radio Taxi”, as per government standards


Note that last month Ola and Uber had suspended surge pricing in Delhi following a government warning that it would take strict action, including impound cabs and cancellation of permits, against those who would flout government rules. Seperately, the Karnataka government has already impounded some Ola and Uber vehicles for charging their users over the government decided rate of Rs 19.5/km, after banning surge pricing in the state. The Maharashtra government had also released a draft policy last year, capping surge pricing and the number of cars on each platform in Mumbai.