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Petroleum dealers association defers call of ‘No Purchase-No Sale’

By Newsd
Updated on :
Congress flays Modi govt over excise duty on petroleum products
Source: News Nation

The All India Petroleum Association had recently announced to go on strike on July 12 against the successful pilot project of the government in five states earlier which is now implemented across the nation changing the price of petrol and diesel on daily basis. However, now the Association has decided to defer call of ‘No Purchase-No Sale’ for 12th July till 1st August.

With fluctuating prices of fuel on daily basis, the petrol sellers were incurring losses to them. From June 16 onwards, the prices of fuel are being revised daily by the state-run oil marketing companies. Earlier, every fortnight the prices of fuel were evaluated by the oil companies by taking into account the fuel prices and Dollar and Rupee exchange rate.

Additionally, the AIPDA is also agitated as the oil marketing companies failed to install the automated system prior to the implementation of central governments pilot project across the nation. Also, it has accused the oil marketing companies of not keeping things transparent in the price. Ali Daruwalla, the spokesperson of Association, earlier, told Indian Express that oil marketing companies had assured of price protection but a date in this manner was not shelled out and that’s why for our voices to be heard a protest was being launched.


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