Auto fuel retailers to go on indefinite strike from Sep 20
The Federation of All-India Petroleum Traders said it will go on an indefinite strike Sept 20 to press for demands such as raising the commission on fuel sales and a uniform rate for petroleum products across the country.
Chandigarh: The Federation of All-India
Petroleum Traders (FAIPT) on Wednesday said it will go on an
indefinite strike September 20 to press for demands such as
raising the commission on fuel sales and a uniform rate for
petroleum products across the country.
"All the petroleum dealers representing FAIPT will go on
strike for indefinite period from September 20 protesting
against the indifferent attitude of the Union government
towards our demands," FAIPT National Joint Secretary
Sukhminderpal Singh Grewal told reporters here today.
Grewal lamented that dealers were forced to take this
extreme step as the Centre has not been paying any heed to
their genuine demands for a long time.
The dealers are seeking a 5 per cent commission on the
retail price of petrol and diesel, citing erosion of margins
in selling fuel. "We are currently getting Rs 1 per litre of
petrol and 65 paise a litre on diesel, based on volume. But we
want our commission at a rate of 5 per cent... on retail
prices," he said.
"Traders have been bleeding profusely due to inadequate
margins and a rise in operational expenditure. Evaporation or
leakage of fuel oil takes away 1 or 2 per cent margin being
provided by oil companies. Rest of margin is consumed with the
rise in wages, power and other charges," he said.
FAIPT also demanded there should be a single rate of
petroleum products across India, as a variation in duties and
taxes from state-to-state leads to variation in prices,
causing smuggling of fuel from one state to another.
Petroleum dealers further lamented that commissioning of
new retail outlets by competing PSU oil companies were also
hitting the business of existing fuel stations.
He said that a meeting of FAIPT`s managing committee has
been called on September 4 at New Delhi, where the course of
action for the proposed strike will be discussed.