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vishakha Jangir
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Set2Score • 12h
𝗧𝗵𝗲 𝗲𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗼𝗹𝗮, 𝘂𝗯𝗲𝗿 , 𝗿𝗶𝗴𝗵𝘁 ? Eight major cooperative institutions have come together to form the Multi-State Sahakari Taxi Cooperative Ltd with an authorised capital of ₹300 crore. Around 200 drivers have already joined the initiative, with recruitment starting in Delhi, Gujarat, Uttar Pradesh, and Maharashtra. Each participating cooperative has contributed ₹10 crore to the first phase, collectively pooling in ₹80 crore so far. The project is fully cooperative-funded with no government ownership or control. A tender has been floated to onboard a technology partner; the mobile app is expected to launch by December 2025. A technology consultant and a reputed management institute have been engaged to design the app, marketing strategy, and operations. The platform will follow a cooperative pricing model with no surge pricing, transparent fares, and better driver earnings through profit sharing. Drivers can become member-owners after six months by buying five shares of ₹100 each, gaining profit-sharing and voting rights. The model includes social security benefits and workplace protections for drivers, addressing gig economy concerns. Initial operations will start in Delhi, Gujarat, and Maharashtra, with plans for national expansion by the end of the year. The goal is to offer safe, affordable, and reliable transportation while reducing reliance on multinational ride-hailing platforms and empowering local cooperatives. Follow vishakha Jangir for more such insights.
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