Indian Government Caps Fee And Surge Pricing Of Ride Hailing Apps Like Uber And Ola
Alongside this, the government has capped the surge pricing to 1.5 times the base fare. Surge pricing refers to the increase in ride fares due to high demand from riders while there isn’t a sufficient number of drivers in the area. The guidelines also allow aggregators to charge 50 percent lower than the base fare. The cancelation fee is set to 10 percent of the total fare and does not exceed Rs....