Pump owners’ protest causes no harm to consumers
   Date :01-Jun-2022

Pump owners protest
 
 
Business Bureau :
 
The dealers termed it ‘total success’ as no one of them purchased fuel from the oil State-owned oil marketing companies (OMCs) on the agitation day
 
The petrol pump dealers called their ‘no purchase of petrol and diesel’ agitation observed on Tuesday a big success in Vidarbha even as fuel was easily available at most of the outlets. The dealers termed it ‘total success’ as no one of them purchased fuel from the oil State-owned oil marketing companies (OMCs) on the agitation day. According to the Vidarbha Petroleum Dealers Association (VPDA), not a single dealer purchased fuel from any of the six depots in Vidarbha region.
 
“Our members were present at all the three depots at Gaygoan in Aloka district and one each at Wardha, Borkhedi and Tadali in Chandrapur. They witnessed the ‘no purchase’ agitation at these places,” said President of VPDA Amit Gupta. Gupta also said that the sale of petrol and diesel was normal at all the places as the agitation was not meant to trouble the consumers. He further rubbished the possibility of any disturbance in supply on the following day of the agitation. “From June 1, the purchase of fuel will resume and the consumers will not face any kind of trouble,” he added. As per the call given by the dealer associations at various States and regions given, the petrol pump owners observed the protest on Tuesday to highlight their demands.
 
The dealers claimed that there was an agreement between OMCs and the dealers association that the dealers’ commission will be revised every six months. But this has not been done since 2017. In the meanwhile, the cost of fuel has doubled and so are the other expenses of the dealers. The prices of fuel have almost doubled since 2017, hence the working capital in business has also doubled leading to additional loans and bank interest and the evaporation losses have also increased proportionately. In addition to this, Gupta said that the recent reduction in Excise Duty on two occasions has further led to huge financial loss of the dealers. On an average, every pump owner incurred a loss of about Rs 3 lakh, claimed the VPDA. “The recent losses on account of Excise Duty reduction should be reimbursed by the OMCs and future price change should happen in line with Dynamic Pricing Mechanism,” the dealers demanded. Around 70,000 outlets across 24 States in the country took part in the protest.