As per the latest reports, the Indian dealers are protesting all across the country to press for their demands. From May 14, petrol pumps will remain shut on Sundays and will operate for only nine hours every day, that is, from 9 am to 6 pm.
However, the emergency services like ambulance will be exempted from this decision.
Read on for more details.
..with oil companies for not having considered their written commitment of giving dealers margin in line with Apurva Chandra Committee report.
Dealers are currently getting Rs 2,570 and Rs 1,620 for petrol and diesel respectively. Instead, they should get Rs 3,333 on petrol per kiloliter and Rs 2,126 on diesel per kiloliter. As per Indian Oil Corporation circular, currently, dealers commission on petrol is Rs 2.56 per litre while on diesel it is Rs 1.65 per litre.
The government has intervened certain relaxations on card payment, but now dealers have warned the government of not accepting card payments.
However, the impact of this particular day may not be felt in most parts of the country as All Indian Petrol Dealers' Association (AIPDA) which is present in Delhi and 20 states, has refused the decision of The Consortium Of Petroleum Dealers (CIPD) which is present in Kerala, Tamil Nadu, Karnataka and Maharashtra.
They believe that rationing of diesel and petrol is a desirable move to cut the consumption and lessen India's foreign exchange burden.