Amit Shah interacts with ‘Sarathis’ of Bharat Taxi, says objective is to make ‘Sarathi’ an owner in company’s profits
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Union Home and Cooperation Minister Amit Shah interacted with the ‘Sarathis’ of Bharat Taxi in New Delhi.
Bharat Taxi will be present in country's every municipal corporation in 3 years
During the interaction, Amit Shah said that those who labour should be the ones who receive the profits. He stated that the objective is to make the taxi owner prosperous, and the ‘Sarathi’ is the real owner. Shah said that the ‘Sarathis’ are the owners of Bharat Taxi and will also have a share in its profits. The Minister of Cooperation said, that in the coming three years, ‘Bharat Taxi’ will be present in every municipal corporation across the country.
Sarathis can purchase shares
Amit Shah said that Bharat Taxi has been established by bringing together five major cooperatives of the country. He stated that as the number of ‘Sarathis’ increases, any ‘Saarthi’ who wishes to become a partner will gain ownership rights by purchasing shares worth Rs 500.
Sarathis become part of the Board of Directors
Shah added that when elections for the Board of Directors of Bharat Taxi are held, certain seats will be reserved for Sarathis. Once Sarathis become part of the Board of Directors, they themselves will safeguard and represent the interests and concerns of other drivers.
Policies of Bharat Taxi will also be decided by the Sarathis
Shah said that the objective of Bharat Taxi is not to earn large profits like a private company. He stated that the aim of Bharat Taxi is to strengthen our driver brothers. He said that the shares of Bharat Taxi are held by the Sarathis, and they themselves are the owners; therefore, the policies of Bharat Taxi will also be decided by the Sarathis. He added that Bharat Taxi is the drivers’ own company, and cooperation should be its guiding principle. Bharat Taxi will harness the potential of Sarathis, not exploit them.
80 percent of the profit will be returned to the Sarathi brothers
Amit Shah said that 20 percent of Bharat Taxi's total earnings will be deposited into Bharat Taxi's account as the Sarathis' capital, and 80 percent of the money will be returned to the Sarathis' accounts based on how many kilometres the taxi has travelled. Shah said that the initial 3 years will go towards the expansion of Bharat Taxi, and after that, whatever profit is generated, 20 percent of it will remain with Bharat Taxi, and 80 percent will be returned to the Sarathi brothers.

