Uber, Ola fares in Bengaluru to be decided by price of cars used for rides

City to be the first in India to roll out local taxi fares designed while keeping in mind new-age services like Uber and Ola

Bengaluru, the second-largest market for ride-hailing services in India, will likely be the first city to see a new local taxi fare structure designed while keeping in mind new-age services like Uber and Ola.
 
The Karnataka transport department, which has led the charge in coming up with new rules to regulate ride-hailing services in the country, has submitted a proposal to the state government to fix fares based on the value of vehicles rather than their type.
 
Besides, the department has suggested a fare range for each price slab rather than a fixed fare that has been in