Bharat Taxi at Vigyan Bhavan, New Delhi:
The Union Cooperation Minister will launch India’s first cooperative-based ride-hailing platform, “Bharat Taxi,” at Vigyan Bhavan, New Delhi.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.It is being jointly promoted by leading cooperative and financial institutions including NCDC, IFFCO, AMUL, KRIBHCO, NAFED, NABARD, NDD Band NCEL.Drivers can purchase shares and become cooperative members, giving them transparency and decision-making power.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.Integration of the Bharat Taxi platform with national digital platforms such as DigiLocker, UMANG, and API Setu.
