Following the government's decision on raising the commission to petrol pump dealers, Petrol and diesel prices across the country will rise to Rs 51.56 a litre and Rs 37.71 per litre respectively, with effect from Tuesday midnight. Prices of petrol will rise by 13 paise a litre and disel will rise by 9 paise a litre. Auto LPG has also joined the league with a hike of 8 paise a litre to RS 30.94, according to an employee of Indian oil.
The government has been demanded to increase the dealers commission by the Federation of All India Petrol Traders and as a measure to press its demand it had threatened to go on a strike on September 20 that might go on indefinitely.
a single rate of petroleum products across India has been sought for by The federation as the variation in duties and taxes from state to state leads to variation in fuel prices, which leads to smuggling of fuel oil from one state to another.
While addressing a press conference on Wednesday, in Chandigarh, federation joint secretary Sukhminderpal Singh Grewal said te hextreme steps has ben adopted by the deaers following centres negligence with respective to their demands for a long time. He also pointed towards the suffering of the dealers and traders due to inadequate margins and rise in operational expenditure. 1 to 2 per cent margins provided by the Oil Companies on the Sales of Fuel Oil is lost in Evaporation or leakage of fuel oil. Other factors like rise in wages, hike in electricity, water and sewage charges take away a major chunk of the margins.
Sukhminderpal Singh Grewal National Joint Secretary, Federation of All India Petroleum Traders whichrepresents over 38,700 Petroleum Dealers and Traders across India, aggrieved that commissioning of New Retail Outlets (NROs) by the competing PSU Oil companies around existing Retail Outlets against the orders of Ministry of Petroleum and Honourable High Courts is another rationale for the above call for Nationwide Strike. Grewal added that commissioning of such NROs not only burdens PSU Oil companies as the site is generally leased and cost of construction, dispensing machines and underground tanks etc are borne by the company but also doesn't serves any Public Utility as another Retail Outlet is serving people in that area. It only deprives the dealers or traders off 2 square meals, they were managing somehow.