Bharat Taxi Latest News
The Union Cooperation Minister will launch India’s first cooperative-based ride-hailing platform, “Bharat Taxi,” at Vigyan Bhavan, New Delhi.
About Bharat Taxi
- Bharat Taxi is India’s first cooperative-led ride-hailing platform registered under the Multi-State Cooperative Societies Act, 2002.
- It is a government-supported initiative developed under the Union Ministry of Cooperation and the National e-Governance Division (NeGD).
- It is India’s first cooperative taxi network, allowing drivers to become shareholders and co-owners.
- Promoted: It is being jointly promoted by leading cooperative and financial institutions including NCDC, IFFCO, AMUL, KRIBHCO, NAFED, NABARD, NDD Band NCEL.
Key Features of Bharat Taxi Initiative
- Driver-Owned Fleet: Drivers can purchase shares and become cooperative members, giving them transparency and decision-making power.
- Zero Commission: Unlike private cab aggregators that take a large cut, Bharat Taxi transfers the full fare to the driver.
- Transparent, No-Surge Pricing: Fares will remain predictable, with no surge charges.
- Platform Integration & Technical Architecture: Integration of the Bharat Taxi platform with national digital platforms such as DigiLocker, UMANG, and API Setu.
- Security, Compliance & Infrastructure: Ensuring adherence to Government of India’s data protection norms and cybersecurity standards and advising on robust technical infrastructure.
Source: PIB
Bharat Taxi FAQs
Q1: What is Bharat Taxi?
Ans: India's first national-level cooperative ride-hailing platform
Q2: What is unique about Bharat Taxi's business model?
Ans: It follows a zero-commission model
