US-based cab aggregator, Uber has announced that it has increased the travel fares of Delhi-National Capital Region (NCR) by 12% last week due to the steady rise in fuel prices in India. The company said it has increased fares to offset the impact of rising fuel prices on its partners.
In addition, Uber also said that it will continue to track changes in fuel prices and will take further steps if needed. “We hear feedback from drivers and understand that the current hike in fuel prices is a cause for concern. To help cushion drivers from the impact of the hike in fuel prices, Uber has reduced travel fares by 12% in Delhi NCR. In the coming weeks, we will continue to track fluctuations in fuel prices and take further steps as necessary,” Uber said in an official statement on the price hike.
The hike in cab fares in Delhi-NCR follows a similar move by the company in Mumbai, in which it hiked travel fares by up to 15% to offset the impact of rising fuel prices on its drivers. The company had made similar announcements for Hyderabad and Kolkata earlier this month.
It is worth noting that Uber is not the only cab-aggregator service that has hiked fares for its rides in India. Ola has also increased travel fares in major cities across the country. According to a report in The Economic Times, the cab-aggregator service has increased the price of its ‘mini’ and ‘prime’ services by up to 16%.
The change in travel fares comes just days after drivers in Delhi-NCR went on strike demanding hike in travel fares in the region.
In Delhi, the price of petrol has reached Rs 105.41 per liter, while the price of diesel has reached Rs 96.67 per liter. Similarly, the price of petrol in Mumbai is Rs 120.51 per liter while diesel is being sold at Rs 104.77 per litre.
Post Mumbai, Uber hikes cab fares in Delhi NCR, first appeared on BGR India.
