A worker-owned Uber is India's fix for its ever-expanding gig workforce
· 9:11 · Episode 827
Episode A worker-owned Uber is India's fix for its ever-expanding gig workforce
Union Home and Cooperation Minister Amit Shah launched Bharat Taxi, a government-backed, driver-owned ride-hailing service built to take on private players like Ola and Uber. It runs as a cooperative so the drivers own it. And when it profits, they keep 80% of the money. Nearly 800,000 have already signed up. It is the government's boldest bid yet to pull gig workers out of a precarious market and hand them a stake in it.
There is just one problem.
No one in Indian ride-hailing has ever turned a profit. So what is a driver-owned cab service really for, if the payday it promises may never come?
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Links in the notes 1
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.