Bharat Taxi, India’s first ride-hailing platform supported by the government, was inaugurated by Union minister Amit Shah. The platform is based on the idea of shared ownership. At the 5 February launch ceremony in Delhi NCR, Shah stated that the platform’s primary objective is to provide cab drivers more agency. Shah also mentioned that the drivers will not be paid a commission.Drivers will receive the full amount of the fare displayed on the application. Shah also stated that this inauguration serves to further the endeavour of providing welfare to the “Sarthis” (drivers) community. Within three years, this cab service will cover the entire country, stretching from Kashmir to Kanyakumari and Dwarka to Kamakhya.Bharat Taxi to Free Country from Private PlayersThis new software, according to Shah’s announcement a month ago, will strive to wean the country’s cab drivers off of private enterprises. Drivers would be able to retain all of their profits from each ride thanks to the new service, he added. Sahkar Taxi Cooperative Limited would run Bharat Taxi as a cooperative, with drivers acting as co-owners.In order to take part, drivers need to purchase a minimum of 5 shares, totalling INR 500. They will then be eligible for stakeholder… Read MoreStartupTalky- Business News, Insights and Stories
