Wednesday, September 14, 2016

Time for transparency for Ola and Uber?

A few years ago, who would have thought we will have the power to hail a cab from our mobile sitting at home - without even talking to a human? All it requires are a few clicks and a cab is ready to pick up and drop at our destination.
It is true that cab aggregators like Uber and Ola have changed the way we commute. We may like or hate them, but the fact is that they have come to stay. The ease of the cab ride also brings with it associated problems like rouge drivers and surge pricing.
Both the Central and State Governments don't seem to have a clue on how to regulate Ola and Uber. When the Governments came down on surge pricing, all Ola and Uber did was to remove the word surge. Now there is a talk of having a cap on surge pricing. Will an over-enthusiastic government destroy these companies with over-regulation? Even with all the faults, we have got used to the new form of commuting. And any hare-brained move may only put an end to the ease with which we commute.

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