Bengaluru Nov 3, 2016: Petrol sale across the state may suspend on November 3rd and 4th as All India Petroleum Dealers Association demanded to revise dealers margin.
All India Petroleum Dealers Association called for protest demanding the revision of the dealer’s margin as per the Apoorva Chandra Committee recommendations. Though a meeting of the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited and Bharath Petroleum Dealers Association along with Akhila Bharatha Petroleum Dealers association had taken a decision to increase the dealer’s margin, so far it looks from reality.
In order to keep an eye on the dealer’s amenities Apoorva Chandra Committee was formed to check the work ability of the petrol pumps. There are certain categories to look out such as dealer’s remuneration, labor cost, electricity cost, generator expenses which has not taken for consideration.
On October 19th and 26th the dealers held the first phase of their protest by switching off lights and suspending petrol sale for 15 minutes.
Association also demanded to distribute tested ethanol blended petrol to avoid damage of the vehicle engine. State government has permitted Oil Marketing Companies to sell ethanol blended petrol with percentage of ethanol up to 10% as per BIS specification to achieve 5% Ethanol blending across the country.
If even this protest fails to yield any result, then on November 15 there will be suspension of petrol sale and purchasing of products.