As Uber Gears Up for IPO, Many Indian Drivers Talk of Shattered Dreams – Caravan Daily

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Rajesh Raut, a former Uber driver, sits in the truck that he currently drives. — Reuters

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To be sure, many drivers from Uber are still earning more than they could get in other blue-collar jobs in India. The national minimum wage in India is only about $2.50 a day. "It’s not that we are making a fortune, but it does give us a livelihood," said Prakash K.C., who earns around 38,000 rupees ($548) a month driving an Uber in Bengaluru city.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams. Reuters.. we expect driver dissatisfaction will generally increase," it said in its ipo filing. doubling Down On India Uber currently operates in 40 Indian cities and the country accounts for an estimated 11 per cent of.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams To mark its IPO, Uber says it plans to pay $300 million to more than 1.1 million drivers, a so-called "appreciation reward.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams – Tech News In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could earn more than the US$215 he received each month for making flatbreads at a.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams. By Sai Sachin Ravikumar, Aditi Shah and Aditya Kalra. many drivers from Uber are still earning more than they could get in other blue-collar jobs in India. The national minimum wage in India is only about $2.50 a day.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams Mounting debt from taxi loans was a key concern. Many drivers took loans to buy cabs, while some leased cars from the.

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