Petrol pump dealers have deferred till month-end their planned ‘no-purchase, no-sale’ agitation against daily revision in fuel prices on expectations that oil companies will raise their sales commission.
All India Petroleum Dealers Association, which claims to represent petrol pump operators in 23 states, had called on its members not to buy any fuel from oil companies or sell any petrol and diesel to consumers on July 12.
This was in protest against the “losses” the petrol pump dealers have suffered because of daily revision in fuel prices being implemented from June 15.
“The Petroleum Ministry has directed the oil marketing companies (OMCs) to decide on raising dealers commission by July 31,” AIPDA president Ajay Bansal told PTI here.
Also, the oil companies have promised to study the implementation of the daily price revision till August 15to see if the dealers actually suffer any losses.
Latest posts by The Economic Times (see all)
- India Plans To Fast-Track Hydro Projects In Kashmir Region – November 22, 2017
- Power Grid Sees $25 Billion Up For Grabs On Modi’s Power Plan – November 22, 2017
- Coal-Based Plants Can Pass On Retrofit Cost: Power Secretary – November 22, 2017