If you do the math in India, the drivers were basically not earning any money last year. They spend about 30% of their income of debt. Another 30-40% on fuel and maintenance cost. Then 20% charged by Ola and Uber. There’s other miscellaneous fees that creep up plus insurance every year which atleast takes another 10%. So they take home around 10%. That 10% has to pay for food, rent, children’s education, etc. The arg…
If this were true, drives would quit en-mass. This is entirely an at-will engagement, any party can back out at any time if things don't work out
India considers commissions cap for Uber, Ola, unsettling industry
31–40 of 89 posts
Re: India considers commissions cap for Uber, Ola, unsettling industry
#32If you do the math in India, the drivers were basically not earning any money last year. They spend about 30% of their income of debt. Another 30-40% on fuel and maintenance cost. Then 20% charged by Ola and Uber. There’s other miscellaneous fees that creep up plus insurance every year which atleast takes another 10%. So they take home around 10%. That 10% has to pay for food, rent, children’s education, etc. The arg…
If this were true, drives would quit en-mass. This is entirely an at-will engagement, any party can back out at any time if things don't work out
Re: India considers commissions cap for Uber, Ola, unsettling industry
#33Earlier quoted context omitted.
That is a pretty arrogant and very Indian thing to say. 1) It’s not tourists or foreigners taking advantage of other Indians - it is Indians. Indian people disrespect and mistreat each other to an extend I have never seen anywhere else in the world. 2) It is not tourists who set the prices for taxi meters - it’s the Indian cities or governments; yet it is Indian cab drivers who often believe they stand above the Law…
It's called the "I never bothered to learn the actual fare from a local friend" tax. I don't agree with it, but it's pretty trivial to get around. It's definitely not exclusive to Indians. “taking advantage of foreigners is ok because they have the money” is not something most people believe. There is a large population that lives below the poverty line and will overcharge anyone who can and will take it. Yes, we hav…
Pls don't blame the poor. I have seen the educated, the rich have complete disregard for public property and cleanliness.
> We are stuck here because British colonization.
Also, don't blame the political incompetence and failing governance on the imperialists. They gave Indians the freedom to change the system in any which way they wanted, and this is what they ended up with, for better or for worse. If history is any indicator, the powerful and the corrpupt always find ways to game the system, as it were.
Re: India considers commissions cap for Uber, Ola, unsettling industry
#34If you do the math in India, the drivers were basically not earning any money last year. They spend about 30% of their income of debt. Another 30-40% on fuel and maintenance cost. Then 20% charged by Ola and Uber. There’s other miscellaneous fees that creep up plus insurance every year which atleast takes another 10%. So they take home around 10%. That 10% has to pay for food, rent, children’s education, etc. The arg…
If this were true, drives would quit en-mass. This is entirely an at-will engagement, any party can back out at any time if things don't work out
Re: India considers commissions cap for Uber, Ola, unsettling industry
#35Disagree with this move. Uber & co. have been a net positive to the country, people and the economy. After pouring billions into creating and proving a market, the government is baselessly capping their earnings. Here's a fair proposal: 1. Encourage competitors and allow the free market to set prices and revenue shares. A vendor undercutting prices will get higher ridership 2. Prevent price gouging via collusion - do…
A government jobs in theory is to make sure they get the best possible deal for whatever area they are responsible for.
A situation in which Uber takes smaller cut and money flows to the drivers may be more beneficial for the local economy.
Re: India considers commissions cap for Uber, Ola, unsettling industry
#36Disagree with this move. Uber & co. have been a net positive to the country, people and the economy. After pouring billions into creating and proving a market, the government is baselessly capping their earnings. Here's a fair proposal: 1. Encourage competitors and allow the free market to set prices and revenue shares. A vendor undercutting prices will get higher ridership 2. Prevent price gouging via collusion - do…
> After all, every stakeholder in this vertical is an at-will participant, with no compulsion to stay if the economics do not work out That's not true. There are only 2 aggregators to choose from. Staying off one is not a feasible option for most. > the government is baselessly capping their earnings. They are not capping earning, they are capping percentage of fares. The cab driver puts in most of the cost. > Encour…
Re: India considers commissions cap for Uber, Ola, unsettling industry
#37GDPR, European VAT rules, data security, encryption requirements, etc. In the end all this just makes it harder for newcomers. Existing companies only need to adapt, newcomers need to comply (spend more time and money), before they even can enter the market and start competing.
Having a better position for future regulation is another benefit for being a first mover advantage.
Re: India considers commissions cap for Uber, Ola, unsettling industry
#38Earlier quoted context omitted.
That is a pretty arrogant and very Indian thing to say. 1) It’s not tourists or foreigners taking advantage of other Indians - it is Indians. Indian people disrespect and mistreat each other to an extend I have never seen anywhere else in the world. 2) It is not tourists who set the prices for taxi meters - it’s the Indian cities or governments; yet it is Indian cab drivers who often believe they stand above the Law…
It's called the "I never bothered to learn the actual fare from a local friend" tax. I don't agree with it, but it's pretty trivial to get around. It's definitely not exclusive to Indians. “taking advantage of foreigners is ok because they have the money” is not something most people believe. There is a large population that lives below the poverty line and will overcharge anyone who can and will take it. Yes, we hav…
In places without tourists people were generally honest. The street vendor living off a few rupees each day for bananas would not take a rupee too much. I wish I could believe the “the dumb tourist tax is helping the needy and poor” - but it only fills the pockets of the (relatively) wealthy. It’s their sense of “entitlement to the money of these wasteful Westerners”.
India and China (lived there for > 1 yr) were pretty much the same 25 yrs ago in terms of GDP and population. That was long after any British influence - yet both developed very differently.
If I had to make a guess, it would be: how people treat family and society. As a foreigner, it seemed to me that Indians never care about society or anybody except their own family. In China, people are very focused on society and less on family. In India, people were mainly interested in their own immediate gain - in China they had some “boundaries” at least.
Cleanliness is not “we can’t afford better” it is “people genuinely don’t care when it’s outside their house”. The slums in Mumbai were among the best organized and cleanest places I found in India. People cared because they had to and wanted to - not because they could afford.
In India whenever I asked an official (police) for help or advice, they would sell me off to some relative. In China I never experienced that.
I can’t generalize a couple of years abroad in different countries, but I would kind a take the guess that if you worked on actually “trying go make society work beyond immediate personal gain” things might look different in India.
I have a complex relationship with India - because of many positive and negative experiences. As you continue to rip us foreigners and tourists off - we will stop spending money in your country. I’m tired of being accused to “be too dumb to inform myself” when the police and society are just rigged to steal from me because I am white and “look rich”. I am tired of being accused that the entire world is just taking advantage of Indians when the trading balance tells otherwise and it’s Indian people that care so little about each other.
It was really sad and heartbreaking to see how in China pollution gets less and less whereas India really became “totally unbearable” in the recent years.
Re: India considers commissions cap for Uber, Ola, unsettling industry
#39Just experienced what the lack of app based surge pricing does. After exiting a major sporting event I expected the streets to be swarmed by taxis - easy money for them But there was no incentive, nothing to tell the city’s drivers to show up en-masse. They would just earn the same city base fare Thousands of people either had to walk or wait in line at the crowded metro station
I'm sure surge pricing attracts more drivers, but it's no panacea¹ so long as there's finite road capacity at any price - if you want to avoid waiting in line entirely, attending major sporting events is not for you :)
¹ Unless the price surged so high taxi drivers could afford to build extra road capacity - which to me seems unlikely.
Re: India considers commissions cap for Uber, Ola, unsettling industry
#40If you do the math in India, the drivers were basically not earning any money last year. They spend about 30% of their income of debt. Another 30-40% on fuel and maintenance cost. Then 20% charged by Ola and Uber. There’s other miscellaneous fees that creep up plus insurance every year which atleast takes another 10%. So they take home around 10%. That 10% has to pay for food, rent, children’s education, etc. The arg…
If this were true, drives would quit en-mass. This is entirely an at-will engagement, any party can back out at any time if things don't work out
> They’ve already committed to the debt, and if they stopped paying it, they’ll loose the car, which is all they have as assets.