In a move that aims to squish the monopoly of established cab aggregators, the government is planning to develop a single mobile application platform where anyone who wants to start a new cab business can just register themselves and run their vehicles. This application will allow bookings of all kinds of vehicles like cars, auto rickshaws, e-bikes and e-rickshaws, reports TOI. Also Read - International Yoga Day 2021: 5 best weight loss apps you can try outAlso Read - Top 5 Android apps that help quit smoking
The government established cab platform is a welcome move especially for the largely unorganized transportation sector as everyone will get an equal opportunity to push their business and gather clients from a wide and equally distributed network.
Why should two companies like Uber and Ola have a monopoly in the market? We want people even those running cab business at a small scale to have an equal opportunity to provide service to people. The mobile app will provide a platform to such people and better, efficient and cheaper cab services to people, said Gadkari.
Gadkari said consumers will get to pick from the most economical options available. The competition for Uber and Ola is likely to toughen up once this gets implemented and will allow the users to choose from a wide range of competitively priced options. ALSO READ: Uber rival Lyft announces Level 5 self-driving cars division
The cab aggregator business might be rising in India but has largely been volatile for the drivers. Earlier a lot of them were lured into driving for Ola and Uber because of the huge incentives on offer which has reduced drastically in the recent times. Bringing the sops to an end, the established companies are making a killing while the drivers stare at a bleak and an unrewarding future. This application might prove to be a ray of hope for them. ALSO READ: Ola cabs partners Google to launch Progressive Web App
But it will have its own set of challenges as the government is also expected to run a number of background checks on the registered service providers to make ride hailing a safe experience for the users.