The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nation

Govt issue guidelines for cab services, puts cap on the prices

by TLN Team November 27, 2020
written by TLN Team November 27, 2020

The Union road transport and highways ministry on Friday issued fresh guidelines to bring cab ride apps like Ola, Uber under a regulatory framework, in an attempt make aggregators accountable and responsible for their operations, while ensuring customer safety and driver welfare.

“These guidelines will provide a guiding framework to the state governments/UTs to consider for issuance of licenses as well as regulating the business being conducted by such aggregators,” the transport ministry said in a letter addressed to the chief secretary of all states.

The guideline reads “This will enable and promote asset utilisation which has been the fundamental concept of transport aggregation and also substantiate the dynamic pricing principle, which is pertinent in ensuring asset utilisation in accordance with the market forces of demand and supply,” it said.

The proposed guidelines will also ensure, eligibility conditions for an entity to be an aggregator, compliances with regard to vehicles and drivers, aggregator app and website, manner of fare regulation, drivers’ welfare, evolving concepts like pooling and ride-sharing in private cars.

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 the 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 swindling’, among others.

State governments will have to follow the guidelines issued by the Centre while issuing the license to an aggregator

A license issued by the state government will be a mandatory pre-requisite for permitting business operations by the aggregator

Surge pricing is a consequence of demand-supply mismatch when the number of customers trying to book rides overshoots the number of vehicles or drivers available. It is also one of the biggest grouses of the customer.

The recently amended Motor Vehicles Act has created a new category of cab aggregators. It recognises and defines aggregators as digital intermediaries or marketplaces, which can be used by passengers to connect with a driver for transportation. The new regulatory framework is also expected to ensure the same.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
City to witness moderate rainfall today
next post
IIT, NIT to offer engineering course in Mother tongue from next academic year

You may also like

India becomes global leader by showing anti-tobacco warning...

May 31, 2023

Viral Video – A monkey having Snacks in...

May 31, 2023

A committee at JJ Hospital found allegations against...

May 31, 2023

40 Medical Colleges lose recognition, 100 more under...

May 31, 2023

“I made a promise to my father…” Sachin...

May 31, 2023

Women’s Commission Chief’s pictures on porn sites; Cyber...

May 30, 2023

Unruly passenger assaults Air India crew, arrested in...

May 30, 2023

BJP Tamil Nadu President says delimitation process would...

May 30, 2023

Wrestlers announce to throw medals in Ganga ahead...

May 30, 2023

Lack of awareness about NEP would frustrate students,...

May 29, 2023

Trending News

  • Cricketer Deepak Chahar’s dance goes viral after CSK win

    May 30, 2023
  • Filmmaker Vignesh Shivan clicks selfies with Dhoni and Jadeja’s wives at IPL

    May 30, 2023
  • Chennai lifts up IPL trophy, becomes champion for 5th time

    May 30, 2023
  • Sachin Tendulkar to be Named as Smile Ambassador for Maharashtra’s Swachh Mukh Abhiyan

    May 30, 2023
  • IPL 2023 Final: Woman clashes with ‘drunk’ cop at Ahmedabad’s Narendra Modi Stadium

    May 29, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

November 2020
M T W T F S S
« Oct   Dec »
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.