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Bharat Taxi's Rs 500 Investment: How It Benefits Cab and Auto Drivers
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Bharat Taxi's Rs 500 Investment Model: Drivers Become Co-Owners, Share Profits
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News18
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26-02-2026, 15:12
Bharat Taxi's Rs 500 Investment Model: Drivers Become Co-Owners, Share Profits
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Union Cooperation Minister Amit Shah detailed Bharat Taxi's Rs 500 investment model for cab and auto drivers.
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Drivers can become co-owners of Bharat Taxi by investing Rs 500, similar to Amul's cooperative model.
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Bharat Taxi aims to compete with private ride-hailing platforms like Uber, Ola, and Rapido.
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After three years, 80% of profits will be distributed among driver partners based on performance (kilometers driven).
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Drivers will initially receive fixed rental income, with additional profit shares expected once the cooperative becomes profitable.
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