• Home
  • Contactez nous

  • Financer
  • Divertissement
  • Science
  • Sport
  • Monde
  • Médecine
  • France
  • Local

Karnataka govt revises cab fares, pegs them to class of vehicles

  • by Xavier Trudeau
  • in Financer
  • — Jan 14, 2018
Share:

At the upper end, users will be charged a minimum fare of ₹80 for the first 4 km for larger cars that cost above ₹16 lakh and thereafter a minimum fare of ₹20 and maximum fare of ₹45 per km.

So a 10-km ride in a Tata Indica (assuming the vehicle price is under Rs 5 lakh) could cost you between Rs 110 and Rs 176. "We will ask the government to revoke the new fare notification, failing which we will either call for a bandh or stage a protest", Tanveer Pasha, President, Karnataka Taxi Owners' Federation told BusinessLine, who recently resigned as President of Ola Uber TaxiForSure Drivers and Owners Association, which he had founded.

"There is only a marginal difference in the revised fare structure as cab aggregators never followed the rule on maximum cap that was in place earlier".

According to the notification, a D-category taxi, costing up to Rs 5 lakh, will have a minimum fare of Rs 44 for the first 4 km, after they can charge anywhere between Rs 11 and Rs 22 a kilometre.

For subsequent kilometres, the aggregators can charge a minimum fare of Rs 12 and a maximum of Rs 24.

While for B category cabs costing between Rs 10 and 16 lakh, for the the first 4 km, charge will be Rs 68 and thereafter it will be minimum of Rs 16 to maximum of Rs 34 per km; For A category cabs costing above 16 lakh, for the first 4 km, charge will be Rs 80 and thereafter it will be minimum of Rs 20 to maximum of Rs 45 per km.

Taxis operating in the cities have been split into four classes based on the cost of the vehicle and the fare has been fixed on that basis.

  • Steph Curry returns for Warriors, leads Golden State to victory over Raptors

For the first 20 minutes, there will be no waiting charges and post that, a charge of Rs 10 for every 15 minutes.

The setting of a minimum fare was a long-standing demand of drivers who were facing issues like predatory pricing which brought down drastically their earnings per month. "The demand from drivers, however, was to increase the minimum cap as they feel that cab aggregators make money at their expense".

Residents of Bengaluru may now have to shell out a minimum fare of Rs 44 for small cabs and Rs 80 for bigger sedans.

At first look, the new fare structure seems to be streamlining the fares rather than allowing a hike.

"The revision will help improve their earning potential and create sustainable livelihood opportunities", he said.

"While it is a step in the right direction, we believe dynamic pricing will help increase reliability for riders and improve asset utilisation for driver partners", said Christian Freese, GM-South, Uber India. "We remain committed to engaging and working with the relevant authorities to enable regulations that can enhance the future of urban mobility in the state".

Share:

IN CASE YOU MISSED IT

  • Ewan McGregor wife drama: ex breaks silence
  • Singapore to strengthen efforts against terrorism, cybercrime during ASEAN chairmanship: PM
  • Anti-Trump protest in Switzerland
  • YOU MAY ALSO LIKE...

    • Roma sign record sponsorship deal with Qatar Airways 4/24/2018
    • Nikko Asset Management Americas INC Decreased Bhp Billiton Plc (BBL) Stake 4/24/2018
    • Trump's travel ban faces court showdown 4/24/2018
    • Alibaba, Baidu, Tencent and Huawei accused of sexist advertising practices in China 4/24/2018
    • Severe weather hits United Kingdom economic forecasts 4/24/2018
    • Target ramps up electric vehicle program, aims to expand across 20 states 4/24/2018
    • Didi hits the streets of Mexico for the first time 4/24/2018
    • Checking the Overall Picture for Johnson & Johnson (JNJ) 4/24/2018
    • Les prix des carburants poursuivent leur hausse — France 4/24/2018
    • Amazon.com (NASDAQ:AMZN) Shares Sold by Chevy Chase Trust Holdings Inc 4/24/2018

RELATED NEWS

Exam Shows Trump In Excellent Health - White House
Botswana's Ministry of International Affairs summoned the United States ambassador to complain about Trump's disparaging comments. Trump allegedly said after being presented with a proposal to restore protections for immigrants from the countries in question.
1/14/2018

Jennifer Hudson's Ex-Fiancé David Otunga Is Cleared Of Domestic Violence Charges
The former WWE star will not face any charges after Hudson accused him of domestic violence. When he couldn't get in touch with her, he asked their son to record the scene.
1/14/2018

Roger Federer, Novak Djokovic in same half of Australian Open draw
In a separate rule change created to get matches started more quickly, warm-up times will be strictly enforced. The draw for the January 15-28 tournament, the first grand slam of the year, takes place later on Thursday.
1/14/2018

IShares MSCI Pacific ex Japan (EPP) Rises 0.53% for Jan 13
The institutional investor owned 8,540 shares of the exchange traded fund's stock after selling 17,244 shares during the quarter. Traders may be following the stock over the next few trading periods to spot any potential signs of bullish momentum.
1/14/2018

All lanes open on northbound Interstate 95 after two morning crashes
The FDOT traffic cameras also showed serious traffic backups on southbound I-95 as motorists came up on the crash scene. Highway 64 at Hunter Road is shut down just outside of Lewisburg while investigators are at the scene.
1/14/2018

Insider News of Amarin Corporation plc (AMRN)
Finally, TD Asset Management Inc. purchased a new position in shares of Amarin during the third quarter valued at about $285,000. The company's Average Earnings Estimate for the Current Fiscal quarter is $-0.06, according to consensus of 2 analysts.
1/14/2018

Gregg Popovich adds to LaVar Ball fury: He's 'meaningless'
The Los Angeles Lakers knocked off the Dallas Mavericks in overtime on Saturday, giving them their fourth consecutive win. This lead did not come easy, as the Lakers suffered early fouls and poor perimeter shooting.
1/14/2018

FA to probe allegation of racist abuse as West Brom beat Brighton
Omnisport understands the Football Association is aware of the matter and is awaiting the match officials' report. Jay claims that the allegation is untrue'. "These are allegations made against Jay Rodriguez ".
1/14/2018

TransCanada's (TRP) "Outperform" Rating Reiterated at Scotiabank
GSA Capital Partners LLP acquired a new stake in shares of TransCanada in the third quarter valued at approximately $214,000. TheStreet lowered shares of TransCanada from a "b" rating to a "c+" rating in a research report on Thursday, November 9th.
1/14/2018

Dabo Swinney reveals first-round prospect Clelin Ferrell, others coming back
Earlier this week All-American offensive tackle Mitch Hyatt announced that he would return for his senior year. Ferrell, who was named first-team All-ACC, had 5.5 tackles for loss at Syracuse and five in the win over N.C.
1/14/2018

Heyman | Mets talking to Adrian Gonzalez
It was the fewest games of playing time he saw since 2005, when he was a member of the Texas Rangers. When he returned from his injury, NL Rookie of the Year Cody Bellinger had taken over at first base.
1/14/2018

Bernard Tomic a match away from main draw
Tomic will miss his first Grand Slam tournament in seven years and his ranking will dip even lower than 142, where he now sits. After reaching the third round of the Open a year ago , Tomic won just eight more matches in a dismal season.
1/14/2018

Carlos Carvalhal: Swansea boss hopes for more St James' Park success
It is the opposite, a chance for us to enjoy and fight for the three points". "You must take points off teams that are near you". Swansea manager Carvalhal has fond memories of his two previous trips to Tyneside as Sheffield Wednesday boss.
1/14/2018

FireEye (FEYE) Upgraded to "Sell" at BidaskClub
Kevin Kotler increased its stake in Contrafect Corp (CFRX) by 104.59% based on its latest 2017Q3 regulatory filing with the SEC. The insider Reese Travis M . sold 11,555 shares worth $202,213. (NASDAQ:FEYE) to report earnings on February, 1.
1/14/2018

Jazz's Sefolosha (MCL) presumably achieved
The veteran forward is averaging 8.2 points per game this season, shooting 38 percent from 3-point range and 49 percent overall. The Jazz are 17-25 this season and miss Gobert's defense at the rim and his screening and ability to finish on offense.
1/14/2018

    • Top picks

      • Roma sign record sponsorship deal with Qatar Airways4/24/2018
      • Nikko Asset Management Americas INC Decreased Bhp Billiton Plc (BBL) Stake4/24/2018
      • Trump's travel ban faces court showdown4/24/2018
      • Alibaba, Baidu, Tencent and Huawei accused of sexist advertising practices in China4/24/2018
    • Weekly News

      • Severe weather hits United Kingdom economic forecasts4/24/2018
      • Target ramps up electric vehicle program, aims to expand across 20 states4/24/2018
      • Didi hits the streets of Mexico for the first time4/24/2018
      • Checking the Overall Picture for Johnson & Johnson (JNJ)4/24/2018
    • Latest News

      • Chesapeake Energy Corporation (CHK) Analysts See $0.27 EPS on May, 34/24/2018
      • Piper Jaffray Equities Analysts Reduce Earnings Estimates for General Mills (NYSE:GIS)4/24/2018
      • After A Tough Year For YouTube, Alphabet Revenue Growth Still Looks Unstoppable4/24/2018
      • Open Britain set to hold Aylesbury campaign on Brexit final deal4/24/2018
    • Home
    • Contactez nous

    Mardi 24 Avril 2018

    © 2018 . ALL RIGHTS RESERVED.