The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.
Abhiraman Goud G C L, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur
Aam Aadmi Party(AAP), here in Delhi, have cracked upon the cab aggregators “Ola” and “Uber” because of their demand-based pricing.
The move comes in awake of the Odd-Even rule being followed in the Nation’s capital. With a limitation of personal vehicle usage, the Delhiites tend to opt for cab services for their transportation. It’s known that Ola and Uber follow a demand based pricing technique which rises the fares automatically based on the demand charging exorbitant prices to the customers.
Realizing the fact the CM of Delhi, Arvind Kejriwal, has made a call that no such pricing technique should be used following which Ola and Uber withdrew the same.
Amidst lot of controversies regarding his governance, this seems to be a highly sensible act by Kejriwal which has a direct impact on an “Aam Aadmi”.