The state transport department has set fixed per kilometre fares instead of a band. Prices should drop, but so would cab availability at peak hours and driver earnings.
More than a decade since Ola’s launch and then Uber’s entry into India, transport authorities across the country are still largely muddling around on how to regulate them.
The Karnataka government on Saturday announced that it was revising fares upwards for taxis in the state, including for taxi aggregators such as Uber and Ola. The last such revision was in 2021, and before that in 2018.
In the latest announcement, three things have happened:
Pranav is a co-founder at The Morning Context and used to lead the edit team here. He has previously worked as a writer and editor at The Ken and Mint, where he worked on business news from tech to banking to deals. At The Morning Context, he helps manage editorial operations, edits and commissions long-form stories, and writes at the intersections of technology, business and finance.
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