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The Hindu
The Hindu
National
Special Correspondent

Spillover effect of fuel dealers protest likely on Wednesday

Petroleum dealers across Telangana, like their counterparts in other States, went ahead with a ‘No Purchase’ protest on Tuesday in support of their demand for an increase in commission.

They are also seeking a mechanism that ensures against losses, on sale of petrol and diesel on hand, whenever excise duty on fuel is reduced. The immediate trigger for this demand is the ‘huge’ losses dealers were left to incur when Centre slashed excise duty on petrol and diesel by ₹8 and ₹6 per litre respectively on May 21. “It was a success,” claimed Telangana Petroleum Dealers Association president M. Amarender Reddy about the protest in which an estimated 3,500 petrol pumps across Telangana participated. The number of retail outlets that went dry on account of the decision not to place indents for fresh supplies was not many, he said, adding most of the petrol pumps had stocked up on Monday.

While customers were not put to hardship, a clear picture of the No Purchase agitation would be evident on Wednesday evening if fresh supplies to the outlets take time, a possibility that a senior official in the oil industry did not discount. The official said oil companies were likely to avoid such a situation by operating their facilities round the clock, wherever possible.

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