Centre allows Ola, Uber to charge up to 2x base fare during peak hours

In a move likely to affect daily commuters, the Ministry of Road Transport and Highways has revised the Motor Vehicles Aggregator Guidelines, allowing cab aggregators such as Ola and Uber to charge up to twice the base fare during peak hours, an increase from the earlier cap of 1.5 times.

During non-peak hours, the guidelines now prevent ride-hailing firms from offering fares at less than 50% of the base rate, aiming to bring consistency to pricing structures across platforms.