Uber has recently raised its trip fees to 12% in Delhi-NCR due to the consecutive hike in the fuel price. Uber has stated that due to the continuous price hike of petrol and diesel, the Uber drivers are being negatively affected. To lighten the impact of the rising price of Petrol and diesel, the company has taken the decision to raise its fare.
Delhi-NCR is witnessing the Uber price hike right after Uber increased its fare in Mumbai by 15%. Like the reason behind this sudden hike in Delhi-NCR, Mumbai faces the same problem due to the exact cause. As soon as Uber declared about the price hike in Delhi, it further announced that the company is closely observing the fuel price movement and will take steps accordingly.
Nitish Bhushan, Head of Central Operations, Uber India and South Asia, said on Monday, “We listen to feedback from drivers and understand that the current rise in fuel price is causing concern. To help cushion drivers from the impact of the spike in fuel prices, Uber has raised trip fares in Delhi-NCR by 12%. Over the coming weeks, we will continue to track fuel price movements and take further steps as needed.”
Petrol and diesel price did not hike for the last five consecutive days after the last hike took place on April 6th when the petrol and diesel prices were hiked by 80 paise per litre, which increased the total price by Rs.10 per litre in sixteen days. Right now, in Delhi, the cost of Petrol is Rs.105.41 while diesel costs Rs.96.67 per litre. It does not end here. The effect of the price hike in petrol and diesel is very well seen in other cities. Petrol in Mumbai is being sold at 120.51 rupees, whereas diesel costs 104.77rupees. In Kolkata, diesel is sold at 99.83 per litre, while Petrol costs 115.12 per liter.
The rates of Petrol and diesel vary across the country depending on the local taxation. While the price of Petrol and diesel are skyrocketing, the price of CNG has not been the same. Its price has hiked to Rs.2.5 per kg. It is expected that the price of the Petrol, diesel and CNG will continue to increase the price depending on the rising price of crude oil.