22
Monday
January 2018
7:52 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Govt to study use of private cars for ride-sharing
 
New Delhi, Jul 5 (PTI) The government will conduct a study on the use of private cars for ride-sharing as a mechanism to curb increasing traffic congestion across major cities in the country.

Government think tank Niti Aayog has reached out for expert views on various aspects, including safety, regulations and taxation-related implications, with regard to using private vehicles for ride-sharing, according to sources familiar with the development.

The move is part of the government's efforts to curb congestion on the roads as well as reducing pollution that has reached dangerous levels in many metros, posing a threat to public health.

If implemented, the move will significantly benefit players like Ola and Uber that end up shelling out a high fee towards procuring commercial licences.

The sources said the study will focus on issues like safety of driver and passengers, revenue sharing and levies as using private vehicles for ride-sharing is yet to be formally recognised by Indian laws.

When contacted, an Uber spokesperson said countries like Australia and Singapore allow citizens to share their cars.

"It has a range of benefits. It creates economic opportunities for drivers, opens up new mobility options for riders and by allowing existing cars on the road to be used by more people, can be part of the solution to traffic congestion," the spokesperson said.

While declining to comment on this study, the spokesperson said: "We are engaging with a range of stakeholders in India about the best way to realise this vision."

Ola could not be reached for comments.

With the coming of Ola and Uber, consumers now have the benefit of booking taxis on-the-go. However, on the flip side, thousands of vehicles have been added to Indian streets that has added to the traffic woes.

These companies have been pushing for allowing ride- sharing, a move they feel not only with cut down on the number of vehicles on the streets but also make rides more affordable.


US dollar ends dearer against rupee
Sensex hits new peak at 35,664.01, Nifty at 10,926.45
I-T notices to cryptocurrency investors on suspicion of tax evasion
Trai gives approval for mobile calls, net surfing while flying
HSBC InvestDirect Securities settles case with Sebi
SBI to raise Rs 20,000 cr for affordable housing, infra
Sensex hits 35,000 mark as IT stocks lead gains
Bitcoin, other cryptocurrencies tumble on government crackdown worries
Sensex, Nifty extend gains to hit fresh highs
Passport may no longer serve as address proof
Rupee extends losses against US dollar in late morning trade
Stocks scale fresh record high as Coal India spurts
Sensex at new high on fund inflows; Nifty above 10,600
CBDT relaxes norms for MAT on firms facing insolvency
Indian ports set to double their profit: Gadkari
Sensex, Nifty hit new record high on fund inflows
Gold strengthens on sustained demand, silver recovers
Govt extends compulsory jute packaging for foodgrains, sugar
Sensex succumbs to late sell-off; auto, IT slip
Anti-dumping duty likely on Chinese chemical imports
KERALA NEWS
Dileep has actress attack visuals with him, says prosecution
 (Angamaly, Jan 22, 2018, DG): The prosecution on Monday said that actor Dileep shouldn't be g  
Political attacks continue in Kannur
Class 10 student meets with tragic end at Thiruvalla
Sivankutty MLA writes to CM to drop case on Assembly violence
INTERNATIONAL NEWS
Pence kicks off Israel visit with Netanyahu meeting
 (Jerusalem, Jan 22, 2018): Vice President Mike Pence kicked off his visit to Israel today wit
Rohingya Muslim refugee return to Myanmar delayed
Kabul hotel attack toll at least 22: officials
Ecuador president calls Julian Assange a 'problem'
NATIONAL NEWS
30-year-old medical representative shot dead in Kanpur
 (Kanpur, Jan 22, 2018): A 30-year-old medical representative was shot dead by two unidentifie
SC tranfers pleas on Loya's death from HC to apex court
2008 Gujarat blasts mastermind held by Delhi police
Pak shells areas along LoC, IB in Jammu
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.