<ul data-eligibleForWebStory="false"><li>The Indian Ministry of Road Transport and Highways issued new guidelines for ride-hailing platforms like Uber, Ola, and Rapido, legalizing surge pricing and dynamic pricing strategies.</li><li>The guidelines permit platforms to charge up to twice the base fare during peak hours and offer up to 50% discounts during off-peak hours, bringing regulatory clarity to pricing practices.</li><li>A significant provision authorizes state governments to allow the aggregation of private motorcycles for passenger transport, effectively legalizing bike taxis across the country.</li><li>The guidelines also standardize revenue-sharing norms for drivers, impose penalties for cancellations, mandate safety measures like police-verification for drivers, and push for a shift to electric or alternative fuel vehicles within fleets.</li></ul>

Indian govt allows Ola, Uber, and Rapido to charge 2x of base fare during peak hours

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