Drivers of popular cab service providing startups Ola & Uber are on indefinite strike and are asking for a fixed minimum business of Rs 1.25 lakh a month. The strike has started already and big cities like Mumbai, Delhi and Bangalore are facing big issues as a big section of office going workers are dependent on these companies for reaching their workplaces.
The strike has even got support of the Maharashtra Navnirman Sena in Mumbai and Uber, Ola have shut down their operations in many parts of the city. “We have got support from various unions of Ola and Uber across the country and in Mumbai alone, the effect will be that around 60,000 cabs will be off-road,” an Ola representative told in an interview.
Also Read:This Is How Uber Spends The Money You Pay For Rides
It is not the first time that cab drivers from Uber and Ola are showing their protests but this time they have demanded something specific. In initial days, these companies gave good incentives to the drives which made them change their lifestyles. Many of them have bought things on loan as they thought that the income from these companies will continue to increase. But instead of this, the average income of drivers have decreased a lot which is the cause of financial problems for the drivers.
Business experts are claiming that Ola and Uber have followed the policy like other startups who in early days give extra benefits to users and workers and once they capture the market they cut down the profits of workers and customers to gain money.
There is no doubt that both these companies have transformed Indian transport system but they need to continue this and this can be done only by focusing on quality service to users and taking care of workers. To earn profits they have to think about some other changes. Uber and Ola are currently running in loss and no company can survive too long without profits.
It is an interesting dilemma and such things help in differentiating successful businesses from ordinary ones. What’s your take on this? Do let us know in comments.