1. No petrol pump strike on Oct 13; big sigh of relief for consumers

No petrol pump strike on Oct 13; big sigh of relief for consumers

Petrol pump strike: Earlier, United Petroleum Front (UPF) had announced nationwide strike of dealers on October 13 to press for various demands including better margins and inclusion of petroleum products in the Goods and Services Tax.

By: | Updated: October 11, 2017 4:57 PM
petrol pump strike, petrol pumps, strike, diesel pump strike, oil marketing companies, fuel pumps, petrol pump strike today, petrol pump strike tomorrow It’s a relief to consumers, (Reuters photo)

In a relief to consumers, petrol pump dealers have called off their October 13 strike, news agency ANI has confirmed. Earlier, United Petroleum Front (UPF) had announced nationwide strike of dealers on October 13 to press for various demands including better margins and inclusion of petroleum products in the Goods and Services Tax. Also, UPF had warned that if the demands were not met at the earliest, fuel dealers will be forced to stop, indefinitely, purchase and sale operations from October 27.

The scheduled strike was to press for long-pending demands ignored by the state-run oil marketing companies (OMCs) since an agreement was signed last November, news agency PTI reported. The demands include upward revision of the dealer margins every six months, better terms for return on investment, resolution of manpower issues, a fresh study of handling losses, and resolution of issues related to transportation and ethanol blending.

UPF represents over 54,000 dealers from the Federation of All-India Petroleum Traders, the All-India Petroleum Dealers Association and the Consortium of Indian Petroleum Dealers.

The front alleged that the letters which it wrote to oil marketing companies as well as a letter from the Cabinet Secretariat dated June 28, did not elicit positive response. Dealers also want the government to bring petrol and diesel under the GST regime. They are also upset with the marketing discipline guidelines announced by OMCs, which seek to penalise dealers for shortcomings up to Rs 2 lakh under a zero-tolerance policy towards shortchanging of customers.

Fuel dealers are also opposed to the daily price mechanism introduced from July 1, saying it has benefited neither the consumers nor the dealers. They are also against, citing safety concerns, a proposal of the government to allow home delivery of oil products.

  1. R
    Rahim chacha
    Oct 11, 2017 at 6:40 pm
    Real reason is they want upward revision of margins, nothibg else. All congress faithfuls were awarded petrol pumps. Now as they r not in power, other money sourcrs have dried up.
    Reply
    1. R
      Rambhai
      Oct 11, 2017 at 6:39 pm
      Real reason is they want upward revision of margins, nothibg else. All congress faithfuls were awarded petrol pumps. Now as they r not in power, other money sourcrs have dried up.
      Reply

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