Dynamic Pricing, Bike Taxi Reform: How India's New Aggregator Guidelines Reshape Ride-Hailing Industry

ETVBHARAT

Experts say the new guidelines promote fairness and innovation, but stress that transparency and accountability from platforms are crucial for real impact.

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00:00Ministry of Road Transport and Highways has issued new guidelines for aggregator schemes and in

00:09absence of aggregator schemes there had been a lot of disputes of overcharging like surcharging

00:16across India and now there will be limits like in case of lean hours they can have

00:2450 discount up to 50% but in case of peak hours this overcharging I mean surcharging cannot be

00:33more than 200% and STA will decide the fair and based upon that fear the holistic calculation

00:42could be done and those details will be available on the app on mobile so that there will be a

00:51transparency between payment and travel and the another benefit is that now up to 3 km driver

01:00will bear the dead mileage and if it is more than that then customer will and in case of driver

01:07cancels the ride then 10% will be cut from his I mean salary and as well as if customer do ride

01:18cancellation without valid reason then customer will have to pay 10% of with the fear and driver

01:28will also get 5 lakh as a health insurance as well as 10 lakhs for the term insurance and the best part

01:37of the aggregator scheme is that private vehicles private motorcycles are included for doing the services

01:48for Ola Uber Rapido whatever may be even Porter schemes so this motorcycle bikes are much cheaper and

01:57much speedier and now we can have a lot of big opportunity in this sector which was unorganized and there

02:07had been a lot of allegations using private vehicle as a commercial vehicle

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