Online cab booking | Why finding a cab is a nightmare now

by Haripriya Suresh — last modified Jul 04, 2023 06:34 AM
Many drivers said the rise in commissions payable to ride-hailing platforms and higher fuel costs, among other expenses, have made it impossible for them to survive in the once-lucrative profession.

Aayush Rathi was quoted in this news article on how corporate policy is leading to difficulties in hailing cabs online:

“Grassroots organisers have indicated a sizeable reduction in fleet sizes of Ola and Uber compared to pre-March 2020. There are numerous possible reasons for this,” said Aayush Rathi, a senior researcher at the Centre for Internet and Society. “One is the cost-of-living crisis in urban India that has solidified the reverse migration of the early Covid days. Then, the so-called moratoriums on loan repayments ended up increasing the total liability on drivers. Many drivers may have sold their cars or defaulted on loan payments.”

Click to read the full article published by Money Control on July 14, 2022