Explore Business Standard
Don’t miss the latest developments in business and finance.
Taxi Fares
The MMRTA has approved a hike of Rs 3 in the basic fare of autorickshaws and black-and-yellow taxis from February 1 in Mumbai and its surrounding metropolitan region, an official said on Friday. A Mumbai Metropolitan Region Transport Authority release said the new basic fare for autorickshaws will be Rs 26 instead of Rs 23, while it will rise to Rs 31 from the current Rs 28 for black-and-yellow taxis. The fare for blue-and-silver AC cool cabs will start at Rs 48 instead of the current Rs 40 for the first 1.5 kilometres, the release added. The decision was approved in a meeting of the MMRTA on Thursday. The new fares can be charged only after meters are recalibrated, the MMRTA release clarified.
Has the Karnataka govt gone too far by setting cab fares? How will CNG bikes change the two-wheeler industry? Why are Maruti shares taking the back seat? What is hot money? All answers here
City taxis and those operating through app-based aggregators like Uber and Ola will now have to follow the new fare structure announced by the Karnataka Transport Department. With this new order released by the department on Saturday, fares for app-based cab aggregators as well as city taxis would be uniform and the revised fares would be applicable across the state with immediate effect. Prior to this, the fares were different for the two categories of taxis. According to the new fare structure, cabs have been categorised into three classes based on the cost of the vehicle. For vehicles whose purchase cost is Rs 10 lakh or below, the minimum fare has been fixed at Rs 100 for up to four km with a charge of Rs 24 for every additional km. For those costing between Rs 10 lakh and Rs 15 lakh, the minimum fare is Rs 115, and per km cost Rs 28. For those costing above 15 lakh, minimum fare is set at Rs 130 with Rs 32 charged for each additional kilometre. The order clearly states that no
The Delhi government has approved a hike in auto-rickshaw and taxi fares in view of rising CNG prices in the national capital, according to an official statement on Friday. According to the revised fares, the metre down charge (minimum fare) for the initial 1.5 kilometre for auto-rickshaws has been increased from Rs 25 to Rs 30, while the per kilometre charge after metre down has been hiked from Rs 9.50 to Rs 11. For taxis, the per kilometre charge after metre down has been hiked from Rs 14 to Rs 17 for non-AC vehicles and from Rs 16 to Rs 20 for AC vehicles. The last revision in the auto-rickshaw fares happened in 2020 while that for taxi which includes black-and-yellow taxi, economy taxi and premium taxi happened nine years back in 2013. Delhi Transport Minister Kailash Gahlot had received many representations from the auto-rickshaw and taxi associations and unions on the issue of hike in fares.
Residents of Mumbai and the metropolitan region will have to pay Rs 28 as the minimum fare for travelling in black and yellow taxis and Rs 23 for auto rickshaws, with the basic fares being hiked by Rs 3 and Rs 2 respectively, authorities said on Tuesday. The new fares will come into effect from October 1, the Mumbai Metropolitan Region Transport Authority (MMRTA) said in a release. The minimum fare for a distance of 1.5 km for kaali-peeli taxis has been hiked to Rs 28 from Rs 25 and the same to Rs 23 from Rs 21 for auto-rickshaws. "Beyond this minimum flag down distance, passengers will have to pay Rs 18.66 per km instead of Rs 16.93 per km for taxis and Rs 15.33 a km instead of 14.20 (per km) for auto-rickshaws," the release said. The decision to hike the fares was taken in the MMRTA meeting chaired by the Maharashtra transport secretary on Monday. But it was announced only after the minutes of the meeting were signed. The existing fare for around 60,000 taxis and about 4.6 lakh
In this podcast we will talk about new regulations for cab aggregators, penalties in case of violation among other things