The Cooperative Department of the Government of India will soon launch ‘Bharat Taxi’ services to break the monopoly of private operators like Ola and Uber. The Bharat Taxi will be introduced under the banner of Multi-State Cooperative Taxi Limited, and the taxi drivers will be members of the Cooperative and not employees.
The profit earned will be shared directly with the drivers, so that their exploitation by private operators is eliminated.
Initially, the services will be started in Delhi, Maharashtra, Gujarat and Uttar Pradesh. It will be extended in other state in a phased manner. ‘No Surge Pricing’ during festive season policy has been accepted to prevent burden on the customers. An initial capital of Rs 300 crore has been raised.
Eight prominent cooperatives in the country have extended support to the proposal. The Managing Director of Amul, Jayen Mehta has been appointed Chairman of the Bharat Taxi Cooperative Society.
The services are expected to be introduced by te end of this year.
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