Maharashtra proposes to cap surge pricing by Ola, Uber

Govt of Maharashtra has capped the highest fare under surge pricing that ride-hailing apps such as Ola and Uber can charge.

Surge pricing can be up to three times the base fare of black-and-yellow taxis for the equivalent distance, said an HT report.

Currently, the fare of black-and-yellow taxis is fixed at Rs 14.84 per km. Therefore, ride-hailing apps aggregate fare cannot go beyond Rs 44.52 per km even during peak demand.

However, the matter is scheduled to be heard next on April 6.

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