If things weren’t difficult post demonetisation and crawling traffic, the Indian government has issued new guidelines that will allows cab services like Ola and Uber to charge up to 3 times the minimum fare in the day and up to 4 times between 12 am to 5 am. Woah, prices were already high during peak hours but post these regulations we hope there aren’t sky-rocketing surge prices. 

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The minimum fare will have to be submitted for approval to the state transport departments. In fact, the guidelines will also allow private vehicles to be used as taxis if they pay the required fees and get their permissions online. The price regulation will cover only vehicles that are less than four metres in length. Moreover, all taxis will have to comply with local fuel and other regulatory norms.

From making business easier, eliminating corruption & reducing regulatory overburden, India is on a path of economic transformation.

— Narendra Modi (@narendramodi) 14 December 2016

What’s more, taxis have also been asked to have install an app-based metering system, which must be validated by an agency approved by the IT ministry. Clearly, this decision hasn’t gone down too well with people. 

The central govt is the govt for the rich.
3X surge price for #Ola, #uber. Well done #Modiji.
via @thenewsminute https://t.co/3boqFkWBiP

— Jimy Pothen Joseph (@jimy_joseph) 15 December 2016

New Guidelines from GOI allows Ola/Uber to have surge pricing upto 4 times - I hope the Delhi High Court strikes it down.

— Raj Waghray (@rajwaghray) 15 December 2016

@narendramodi Totally a wrong decision by Cent Govt to increase 3-4 times in surge charges for Ola and Uber.Think as public not ola or Uber.

— Amit Rajput (@rajputamit81) 15 December 2016

Source: The Times Of India