New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which cooperative model taxi service was launched by the

    Government of India to compete with Ola and Uber?
    A Sewa Yatra Correct Answer Incorrect Answer
    B Sahkar Correct Answer Incorrect Answer
    C Bharat Taxi Correct Answer Incorrect Answer
    D Cooperative Cab Correct Answer Incorrect Answer

    Solution

    The Government of India launched 'Sahkar' as an app-based taxi service operating under a cooperative framework. Union Home and Cooperation Minister Amit Shah announced this initiative during discussions on the Multi-State Cooperative Societies (Amendment) Bill, 2023. Unlike traditional ride-hailing services, Sahkar empowers drivers as stakeholders rather than mere service providers. The service will register two-wheelers, auto-rickshaws, and four-wheeler cabs across India. Built on the principle of "Sahakar se Samriddhi" (Prosperity through Cooperation), the maximum profit earned will be distributed equitably among the taxi drivers who are members of the cooperative society.

    Practice Next

    Relevant for Exams: