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Oh No! These New Govt Taxi Fares Will See You Spend More Money On Ola And Uber Rides

    According to this report in The Economic Times, the government on Wednesday has put out new fare slabs that will see you shell out more than you usually do. The new slab, which is based on the class of the car and the price of the car, will allow cab aggregators such as Ola and Uber to charge you a maximum fare come peak hours {as if this wasn’t enough already}. To put things into numbers, if you are travelling in a cab {Tata Indica types} that costs under INR 5 lakhs, you will have to shell out a base fare of INR 44 for up to 4 kilometres. Cabs such as Toyota Etios and Maruti Suzuki Swift Dzire, which fall under the INR 5 to INR 10 lakh category, can charge up to INR 52 as the base fare. Folks travelling to the airport with the fam, in an Innova, will have to shell out INR 68 as the base fare.

    Essentially this means a 10-kilometre ride, say BTM to Indiranagar, in a Tata Indica would cost you between INR 110 and INR 176. The same 10-kilometre ride in a Toyota Etios would cost INR 124 and INR 196.

    This story was published on The Economic Times. You can read more here.