Image: captured now while traveling in Ola
Did you suffered with the Ola, Uber surge pricing? Then here is a good news for you. Ministry of Road and Transport constituted a special panel to submit recommendations on cab aggregated services like Ola and Uber.
The special panel has to submit it’s report by the end of next month. Before taking any decision panel and Govt. should consider the welfare of both the parties i.e customers and the Taxi services.
A few days back I already wrote on how can cab services like Ola and Uber offering cabs at cheap prices. Actually they are getting huge losses day by day. But the companies are thinking it as the part of the business. They implementing long-term strategies along with minimizing losses in short term by applying surge pricing.
If the Govt. Of India defines maximum limit on surge pricing the taxi companies might experience additional financial burden. On the other hand, the customers also suffering with the double, sometimes triple surge prices in the peak hours.
Whatever the policy Govt. is going to bring, ultimately a perfect harmony in the industry is essential immediately.