how is cab driving business?

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kartikxxx
How much cab drivers earn?
Is it a wise decision to become a cab driver (driver of owned cab).

Does ola uber give enough business or one has to tie up with some vendor to get their cab in some companies?
Or any other business one can do with minimal risk/investment and can generate decent amount of money (as per ncr living standard).

Suggestions and opinions are appreciated relaxed

Tia.
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Finance Ninja Finance Ninja
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Not as lucrative as it used to be
Tech Guru Tech Guru
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No idea bhau

Pro Entertainer Pro Entertainer
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No Idea

Helpful Helpful
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Depends on the mileage of ur car .....

I recently booked a cab[dzire] for a 500 km round trip ...so i was charged 12rs/km +toll ...and dzire has a mileage of around 20 per litre so 2500 rs went in fuel and 3500 was savings for the driver ..dont know much but thats the usual ratein which  i book cabs so its about 6-7rs per km savings .....as diesel petrol price are doubled almost margin has been sucked off totally 

Deal Cadet Deal Cadet
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not worth the effort. basically you will be selling your health for little money. as you age you get more heath problems than a normal person.

try other fields where you dont have to sell health. you can be car mechanic and earn even more money than a driver.

Deal Subedar Deal Subedar
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from what i know , a cab guy i know who does mumbai pune trips , 2 trips a day , CNG car , after everything he makes around 30 k a month

Generous Generous
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Not worth it. Whatever you save or earn on it, you will spend 10 times more minimum in your hospital bills after you turn 40-50. 


Flame Flame
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In 2011 when ola started , i know a cab driver who earned atleast 2-3 lakhs per month.... Now same person is earning only 50k per month... It would get worse only considering more developments like metro trains in many cities ... Not suggested to become a cab driver at this point

Deal Cadet Deal Cadet
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There wasnt any Ola in 2011. 
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