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.