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

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With taxicab drivers in New York City, the story has been the same for the last couple of years: many are dealing with depression and suicidal thoughts after Uber and Lyft have decimated their industry, rendered their medallions relatively worthless and made it difficult for them to pay bills.It’s a story that we have been following in depth over the last couple of years, reporting on an.

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Find Uber India Latest News, Videos & Pictures on Uber India and see latest updates, news, information from NDTV.COM. Explore more on Uber India.. As Uber Gears Up for IPO, Many Indian Drivers.

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 KC, 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 In 2016, Rajesh Raut started driving an Uber taxi in Mumbai, hoping he could ear. www.reuters.com

And many Malaysians give credit to MyTeksi-Grab for shaking up an unreliable and moribund taxi sector, regardless of what the taxi drivers might say. It’s now up to Grab to retain that goodwill.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams.. many drivers from Uber are still earning more than they could get in other blue-collar jobs in India.. all my dreams.

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

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