Govt proposes capping surge pricing by cab aggregators at 1.5 times of base fare

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The government on Friday proposed to cap surge pricing charged by cab aggregators like Ola and Uber at 1.5 times of the base fare. The development assumes significance in the backdrop of a long-pending demand of citizens to cap the pricing of ride-hailing services.The government on Friday proposed to cap surge pricing charged by cab aggregators like Ola and Uber at 1.5 times of the base fare. The development assumes significance in the backdrop of a long-pending demand of citizens to cap the pricing of ride-hailing services.