Surge pricing occurs when a company raises the price of its offering if there is an increase in demand. Surge pricing occurs when a company raises the price of its offering if there is an increase in demand. Surge pricing occurs when a company raises the price of its offering if there is an increase in demand. The system of surge pricing was first introduced by app-based cab service like Ola and Uber in the national capital. And with Diwali and Dusserha round the corner, it is certainly not the best gift by the Modi government.

Source: Indian Express September 07, 2016 16:07 UTC