BJP MLC Pravin Darekar has announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, modeled on the Bharat Taxi initiative. The move aims to reduce dependence on private aggregators like Ola and Uber, but has drawn criticism over the use of Mumbai Bank funds for a politically branded scheme.
Political Branding Concerns
Critics, including activist Anjali Damania and the Congress party, have questioned the appropriateness of using Mumbai Bank funds for a scheme with political branding. They have demanded transparency regarding the allocation of funds and the decision-making process behind the initiative.
Financial Incentives and Support
The scheme offers loans at a 10% interest rate from Mumbai Bank, coupled with an 11% interest subsidy provided through state corporations. This financial structure is designed to reduce the economic burden on drivers and vehicle owners, making taxi ownership more accessible.
Employment and Ownership The initiative aims to generate employment opportunities for Marathi youth and prevent exploitation by private aggregators. Under the slogan 'Apali Taxi, Apali Malaki' (Our Taxi, Our Ownership), drivers will retain full ownership of their vehicles.
Government Backing and Implementation
The project has received approval from Chief Minister Devendra Fadnavis and Transport Minister Pratap Sarnaik. Policy frameworks have been finalized, and registrations are already underway. In the first phase, between 2,000 and 5,000 taxis are planned to be introduced.
- Loan Interest Rate: 10% from Mumbai Bank
- Interest Subsidy: 11% through state corporations
- First Phase Target: 2,000 to 5,000 taxis
While the government promotes the scheme as a means to empower local drivers and reduce reliance on foreign-owned aggregators, opposition parties have called for a thorough investigation into the use of public funds for political purposes.
