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Adityanath Launches Bharat Taxi and Farmer Loan Scheme

Adityanath Launches Bharat Taxi and Farmer Loan Scheme
Adityanath launches Bharat Taxi, farmer loan scheme in UP · thehindubusinessline.com

Yogi Adityanath launched a new taxi service called Bharat Taxi in Uttar Pradesh.

The service is run through a cooperative, meaning drivers can be members and stakeholders.

Drivers will not have to pay commissions and may receive social security coverage of up to Rs 5 lakh.

Bharat Taxi is already available in four cities.

The state has also signed agreements connected with the airport, metro and police in Lucknow.

A new farmer scheme will offer some small and marginal farmers long-term loans at six per cent interest.

The earlier interest rate was 11 per cent.

The scheme aims to help five lakh farmers over the coming years.

Officials also launched two mobile applications for cooperative services.

Key facts

Bharat Taxi operator
Sahakar Taxi Cooperative Limited (STCL)
Current service cities
Lucknow, Gorakhpur, Varanasi and Prayagraj
Driver commission
Drivers joining Bharat Taxi will not have to pay commission.
Driver social security
Coverage of up to Rs 5 lakh
Farmer loan interest rate
Reduced from 11 per cent to six per cent
Target beneficiaries
Five lakh small and marginal farmers over the coming years
Additional launches
Urvarak Setu and Uttar Pradesh Cooperative Database Centre mobile applications

Quotes

Yogi Adityanath

Chief Minister of Uttar Pradesh

“For the first time, through Bharat Taxi, when a person puts the Bharat Taxi brand on his vehicle, he will feel proud that this taxi is not merely for carrying passengers; it is the taxi of the entire country.”
thehindubusinessline.com
“Till now, there was no security for them. They were left to fend for themselves. The poor person's dignity was also disregarded.”
thehindubusinessline.com

Sources

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