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Encashing the growing demand for app-based taxi services, the Railways is all set to provide space for cab aggregators at about 500 major stations, eyeing an annual profit of ₹300 crore.
Railways Minister Suresh Prabhu will unveil the new policy for app-based cab services next month, along with providing parking space and kiosks near major stations.
The Railways, at present, earns about ₹122 crore a year from parking spaces across the country. With the new policy, the national transporter envisages ₹200 crore more annually from these parking spaces, a senior official said. A Railways Ministry official said the policy was finalised after a series of discussions with cab aggregators.
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