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New rules for companies like Ola, Uber: 80% of driver’s rent

Bijaya Laxmi by Bijaya Laxmi
November 28, 2020
in Business
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New rules for companies like Ola, Uber: 80% of driver’s rent
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New Delhi: Companies like Ola and Uber, which provide services to taxi aggregators, can charge up to 20 per cent of the total fare. The remaining 90 percent of the rent will be paid to the driver. New regulations have been drafted by the Union Ministry of Road Transport. Earlier, it was rumored that the limit would be set at 10 per cent for companies. Companies were worried about this. Experts were of the opinion that it would not be possible to provide such a service at such a low price. But now that the limit has been set at 20 per cent, the revenue of companies like Ola and Uber will not be as affected. Can’t take more than that. In addition, the company will provide insurance benefits to drivers. Similarly, drivers cannot be asked to drive more than 12 hours a day. The cancellation fee is set at 10 percent of the total rent. The amount will not be more than Rs 100. Saita data will be kept for a minimum of 3 months and a maximum of 24 months. All this information will also be available to the state government in accordance with the law. No information of his may be disclosed without the written consent of the customer.

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