Fuel pumps may go dry over weekend

Written By Unknown on Kamis, 09 April 2015 | 22.23

MUMBAI: Petrol dealers are planning an agitation on Saturday. They will not purchase fuel and operate only in one shift, which means fuel pumps may go dry during the weekend.

On Wednesday, Ravi Shinde of Petrol Dealers Association said the talks with the Centre had failed. Speaking to TOI, he said: "We have several pending issues including increase in dealers' margins, regulating the new retail outlets and announcing price hikes in a scheduled manner by oil companies. We have decided to go ahead with the stir on April 11." If the issue is still unresolved, the petrol dealers have threatened to go on an indefinite stir from April 27.

The dealers have demanded that the government should regulate the trade. The mushrooming of new retail outlets is a cause of worry. In 2002, the Centre planned to decontrol petroleum industry in a phased manner. Then the retail outlets across the country numbered 18,140. Currently, their strength is close to 53,000.


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