Current Affairs - Business - Discussion

The cooperative sector has launched a new taxi service named ‘Bharat’ with the objective of competing directly with established players like Ola and Uber. This initiative involves eight major cooperatives, including the National Cooperative Development Corporation, under the banner of the Multi-State Sahakari Taxi Cooperative Ltd. With a financial backing of ₹300 crore and a starting fleet of 200 drivers operating across four states, the rollout is expected by the end of 2025. This move aims to strengthen the presence of cooperative ventures in the transport sector while promoting more community-driven economic models in public services.