On Tuesday, Fuel Companies announced that Petrol pumps or say Fuel banks will remain shut on every Sunday from May 14. This decision taken to protest the public sector oil companies’ failure to raise dealer margins.
Under this decision, Haryana, Maharashtra, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, Kerala and Puducherry’s all fuel stations will remain close on every Sunday from 14th May 2017.
Across the country, there are around 56000 petrol pumps. Some petrol stations are open from 6 am to 10 pm while some pumps are open for 24 hours.
However, dealers’ associations spokespersons describing this step for saving fuel and foreign exchange for the country.
Recently, PM Narendra Modi has urged People to follow traffic rules and also to save fuels. So Petrol pumps’ close on Sunday will save fuel and also foreign exchange.
On an average, daily sales of fuel is around Rs 153 crore in India. With the closing of fuel stations on Sunday in these seven states, it will reduce fuel sales almost around 20 percent.
While though having closing on Sunday, these all petrol stations will have one staff member on duty to supply fuel in any emergency situation.
Dealers’ association head said that they are operating on extremely low margins and selling unleaded petrol-diesels which gets evaporated quickly so it results in big losses.
Well, this decision will not affect public much as bikes and cars are having sufficient fuel tank space to store fuel for up to 500 km travelling.
Petrol Pump dealers have decided their agitation as the leading three public sector oil companies have not reviews the margins since 2011.
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