Petrol Pump Dealers To Go On Nationwide Strike From October 12 Midnight

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To bring to the table its various concerns including rectifying trade anomalies, the association of petrol pumps across India is set to go on a nationwide strike from midnight hours of October 12.

Petrol Pump Dealers To Go On Nationwide Strike From October 12 Midnight

In an aggressive call, the United Petroleum Front (UPF) plans to go on an indefinite strike in a case if the government does not comes up with a solution to their problems. There shall be complete shutdown of sales and purchase activities from October 27 as proposed by the petroleum dealers association.

"OMCs had agreed to resolve issues pertaining to revision on return of investment, revision of dealer margin every six months, revised manpower requirement,fresh study on petroleum product handling losses, product transportation issues and ethanol blending without proper equipment. Sadly none of them have been addressed," said Ravindranath, the president of All Karnataka Front of Petroleum Traders.

The association considers the new amendment enforced in Marketing Discipline Guidelines (MDG) for penalizing dealers to a maximum of Rs. 2 lakhs as an unjustified and arbitrary practice.

Also he suggested to reconsider the daily price revision mechanism and also the proposed home delivery model for fuel for both petrol and diesel. Another demand put forth is to bring petroleum products under GST net.

Goodreturns.in

Read more about: petrol, diesel, fuel, gst
Story first published: Tuesday, October 10, 2017, 12:44 [IST]
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