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Fuel Price Hike Effect: Uber Rides To Cost More In Mumbai

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New Delhi: App-based cab aggregator Uber has hiked fares in Mumbai on account of rising gas costs. Uber mentioned it has raised fares by 15 per cent, PTI reported.

Diesel and petrol costs have risen by Rs 6.40 per litre every between March 22 and March 31. In Mumbai, petrol and diesel costs per litre are at Rs 116.72 and Rs 100.94 respectively.

Gas costs had been hiked by 80 paisa per litre on March 22. Oil costs have been on the rise since March 22 after remaining secure for 137 days owing to meeting elections in 5 states.

READ | LPG Price Hike: Commercial Cooking Gas Price Increased By Rs 250 From Today. Check Latest Rates

“Uber is elevating journey fares in Mumbai by 15 per cent,” Nitish Bhushan, Head of Central Operations, Uber India and South Asia, mentioned in an announcement.

He mentioned the hike in fares was to assist cushion drivers from the impression of spike in gas costs. 

“We take heed to suggestions from drivers and perceive that the present rise in gas costs is inflicting concern,” Bhushan mentioned.

The taxi-hailing service additionally mentioned it might proceed to trace gas worth actions and take additional steps as wanted over the approaching weeks.

In the meantime, gas charges stayed unchanged on April 1. Business LPG cylinder costs have been hiked by over Rs 250 efficient from April 1. Home LPG cylinders have, nonetheless, been saved out of the newest spherical of hike.

Prior to now two months, the value of a 19-kg LPG cylinder has been hiked by Rs 346 per cylinder. On March 1, the speed of a 19 kg business cylinder was elevated by Rs 105 after which on March 22, its worth was decreased by Rs 9.

(With company inputs)

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