LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

54,000 Petrol Pumps to Go on Nationwide Strike on October 13

The demands include implementation of the pending agreement signed with oil marketing companies on November 4, 2016, scrapping unfair penalties imposed under Marketing Discipline Guidelines, and approved but not given dealer margins.

IANS

Updated:October 7, 2017, 7:15 PM IST
facebookTwittergoogleskypewhatsapp
54,000 Petrol Pumps to Go on Nationwide Strike on October 13
Representative image (Courtesy: AP)
Loading...
Mumbai: Around 54,000 petrol pumps all over India will go on a day long strike on October 13 in support of their long-pending demands, a petrol pump operators association official said here on Saturday.

Federation Of Maharashtra Petrol Dealers Association (Fampeda) President Uday Lodh said that a decision on the issue was taken at the first joint meeting of United Petroleum Front, an umbrella organisation of three nationwide organisations of all petrol dealers.

The demands include implementation of the pending agreement signed with oil marketing companies on November 4, 2016, scrapping unfair penalties imposed under Marketing Discipline Guidelines, and approved but not given dealer margins.

Besides, the UPF has expressed concern over the losses to both consumers and dealers over the daily changing prices of oil products and bringing petroleum products under GST, said Lodh.

"As the first step, we shall stop buying and selling petrol/diesel at all the 54,000 pumps in the country on October 13. If our demands are not accepted, then from October 27, we will launch an indefinite nationwide strike," Lodh said.

Meanwhile, a petrol dealer said that the decision to combine the three top dealers' association under an umbrella organisation UPF would result in better coordination and uniform action to fight for their common demands with the OMCs.

Catch the biggest newsmakers and the biggest newsbreaks on CNN-News18, the only news destination. Keep watching CNN-News18 at just 50 paise per month. Contact your cable/DTH operator now!

*Rental/capacity fee of Rs. 130/- as charged by cable/DTH operator may apply. **GST extra.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 390.75 -8.39
Reliance 1,184.35 4.40
Jet Airways 281.20 -1.44
Yes Bank 198.60 -1.44
HUL 1,744.10 -0.42
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Reliance 1,182.95 4.34
ICICI Bank 371.90 -0.39
Jet Airways 281.35 -1.21
Yes Bank 198.25 -1.59
Top Gainers
Company Price Change %Gain
Reliance 1,184.35 4.40
Wipro 346.15 3.21
Kotak Mahindra 1,240.20 1.66
Hindalco 208.80 1.36
Adani Ports 399.30 1.22
Company Price Change %Gain
Reliance 1,182.95 4.34
Kotak Mahindra 1,237.35 1.41
HCL Tech 964.50 1.02
Asian Paints 1,401.30 0.85
ONGC 146.25 0.79
Top Losers
Company Price Change %Gain
Sun Pharma 390.75 -8.39
Bharti Airtel 311.15 -6.29
GAIL 322.15 -3.08
Larsen 1,317.90 -2.09
HPCL 239.50 -1.92
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Bharti Airtel 310.95 -6.42
Larsen 1,318.25 -2.07
Axis Bank 664.30 -1.77
Yes Bank 198.25 -1.59

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results