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Saturday , 21 April 2018
Breaking News

No fuel on October 13; over 50000 petrol pumps across India to remain shut

If you are planning your weekend on October 13, make sure you fill up your fuel tank before this date. It’s because around 54,000 petrol pumps across India will remain shut on October 13. The petrol pumps have chosen to remain shut on October 13, as part of their protest wherein they want the government to accept their various demands. The decision about the closure of petrol pumps on October 13 was taken by the United Petroleum Front (UPF) in its first joint meeting. The UPF is an umbrella organization and representative of all the petrol dealers’ organizations in the country. There are currently three nationwide organizations of petrol dealers in the country. Information about the decision was provided today by Uday Lodh, who is the president of the Federation Of Maharashtra Petrol Dealers Association (Fampeda).

The demands made by petrol pump owners include the implementation of the various agreements that were entered with oil marketing companies last year. It also includes the demand for doing away with penalties imposed as per the Marketing Discipline Guidelines. Petrol pump owners also want to increase their margins. This has been approved but has not been implemented. The UPF is also not happy with the daily changes in fuel prices, as it sees it as an inconvenience and loss to both dealers and consumers. The UPF wants petroleum products to be included under GST (Goods and Services Tax). The October 13 shutdown is just a warning to the government. If the demands are not met, the petrol dealers will go on an indefinite nationwide strike from October 27.

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