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- It is registered as Multi-State Sahakari Taxi Cooperative Ltd with ₹300 crore authorised capital.
- Eight cooperatives including IFFCO, NCDC, GCMMF, KRIBHCO, NDDB, NABARD, NAFED, and NCEL have joined hands.
- The service is fully cooperative-owned, ensuring better income for drivers and affordable rides for users.
- Over 200 drivers from Delhi, Gujarat, Maharashtra, and UP have already been onboarded.
- IIM-Bangalore and a tech consultant are developing the app and marketing strategy.
- The initiative aims to offer a transparent, driver-led alternative to platforms like Ola and Uber.
Question:
Q.1 Under what name is the ‘Bharat’ Taxi Service officially registered?a) Bharat Mobility Cooperative Ltd
b) National Taxi Federation
c) Multi-State Sahakari Taxi Cooperative Ltd
d) Indian Drivers’ Cooperative Service Ltd
Answer: c) The taxi service is legally registered as Multi-State Sahakari Taxi Cooperative Ltd, allowing it to operate across state borders under cooperative principles.