Petrol pump operators threaten strike, demand higher commission
Quotes

Petrol pump operators threaten strike, demand higher commission

Last Updated: Friday, March 30, 2012, 11:02
 
 Comment 0
 
Petrol pump operators threaten strike, demand higher commission
New Delhi: Petrol pump operators on Thursday threatened to go on strike if petrol prices were raised without an increase in their commission.

"If the government increases the prices without considering dealers' margin, Federation of All India Petroleum Traders has decided that all the 40,000 petrol pumps dealers of the country will start nationwide indefinite strike from April 23," FAIPT said in a press statement.

The Federation said the oil ministry had not implemented recommendation of its own committee that was constituted to go into commission paid to dealers.

The committee headed by Joint Secretary (Marketing) in Ministry of Petroleum and Natural Gas had recommended a dealer commission of 0.39 paisa per litre on petrol and 0.17 paisa a litre on diesel. But the ministry gave only 0.27 paisa for petrol and 0.15 paisa for diesel.

"Our demand for 5 percent commission on the invoice value of petroleum products has been turned down by the committee without any proper reason," it said.

PTI



First Published: Friday, March 30, 2012, 09:45


Comments


comments powered by Disqus
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved