With the hike in fuel prices, drivers are unable to repay the loans. Drivers and their unions have been claiming their protests have been a success, with most demands, including a pay hike, likely to materialise. News reports also suggest that there have been instances of financiers confiscating the cars of cab drivers when they default on payments. Recently the drivers had withdrawn their strike after 11 days on November 2 after the transport minister gave assurance that their demands would be addressed. However, drivers have alleged that the companies have failed to keep their promise and they only receive a marginal amount of the total fare a customer pays. The company's checks and multi-layered verification for drivers, however, remain stringent.
Commuting in the coming couple of days might get difficult as driver partners of cab-hailing giants Uber and Ola have called an indefinite strike. Cab drivers want higher incomes but Ola and Uber are more interested in increasing their margins—this conflict at the heart of the aggregator model will become worse as Ola and Uber will have to further cut losses as they attempt to go public. In order to bring more drivers on-board their platforms, both Ola and Uber assisted drivers to buy new cabs via their leasing services. The information provided below about cookies also applies to these other tracking technologies. This allows our sites to recognize your device from those of other users on our sites. According to , Ola and Uber have increased fares by 10-15% from last year. Ola did not respond to an email seeking comments.
The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. Also download the new mid-day and apps to get latest updates. There have been more in Delhi, Chennai and Bengaluru but cab companies have never relented. We welcome this, and hope that it will enable drivers to stay behind the wheel, something many have been telling us they wish to do. Tension toh hota hai A strike has to end in a solution. Now they belong meetings held between the drivers association and the can aggregators but no conclusive decision could be taken.
In both cities, passengers said they had to wait longer than normal for Uber and Ola cars. We are looking at other sectors too. If you want to remove previously-stored cookies, you can manually delete the cookies at any time from your browser settings. However, a few months on, that basic salary reduces substantially and incentives dry up in a typical cost-cutting move. Many drivers have desisted from working today, while a few others, who have targets to meet, are providing the service.
As in the last protest, there were reports of drivers being manhandled and cabs being damaged for not joining in the agitation. New Delhi: A countrywide indefinite strike by drivers of app-based cab aggregators Uber and Ola hit Mumbai and Delhi hard today. The rise in fuel prices and higher fares of rival transport services are the main reasons for their loss. Our were happy with the Diwali incentives, but subsequently we went on a second round of agitation, when our delegation was assured by chief minister Devendra Fadnavis that he would look into our demands and possibly call for a meeting after the state assembly winter session. Companies such as Swiggy, unions alleged, lure delivery executives with a basic pay of Rs 15,000 and facilitate purchase of the ubiquitous motorcycle.
Typically, new age entrepreneurs build business models first and think about the law later, says the entrepreneur quoted earlier. The drivers are facing a drop in their profits following cutbacks in incentive payments and a surge in the number of cabs registered with the two companies. Union members said drivers were given only Rs1-3 per km as incentives. This model, unions allege, is primarily flawed and gamed to deceive. Mumbai has 35,000-40,000 drivers across Ola and Uber, and the city contributes about 15% of total revenues for both the companies.
If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. Fuel prices in India have risen more than 20% since the start of the year, but drivers say fares have not grown at the same rate, making it difficult for them to meet expenses despite working longer hours. Drivers have been protesting against low fares, low incentives and diminishing earnings. Interactions with various drivers for cab aggregators suggest that there are around 1,000 vehicles lying idle in yards on the outskirts of Mumbai alone. Ola and Uber have also set up their car-leasing services to ensure a steady supply of cars and give confidence to lenders. In Delhi the availability of Ola and Uber cabs have not been significantly hit.
Ola and Uber Drivers called for a strike across the country on Monday claiming that the companies are underpaying the drivers and making it difficult for them to make a living at Uber Office Kurla,Mumbai on Monday. To be fair, there are some who are looking at a deeper engagement with their teams. Drivers also claim that they bought their own cars on loans because they were expecting to earn Rs 1,00,000-1,50,000 per month, but are now underpaid. Such cookies and other technologies helps us to identify you and your interests, to remember your preferences and to track use of zeenews. We live in a society. App-based cab operators accounted for over 1 lakh cars, or almost one-third of total sales to fleet operators in 2017.