Oil Ministry red-flags Sunday holiday for petrol pumps

Brittany BishopАпр 21, 2017

Chennai: From May 14 onwards all the petrol bunks in Tamil Nadu and Puducherry would be shut on all Sundays as part of Prime Minister Narendra Modi's mission to creating a "clean and prosperous new India". He said that since Prime Minister Narendra Modi had told people to follow traffic rules and save fuel, the dealers have made a decision to declare a holiday on Sundays to save fuel and foreign exchange. Meanwhile, the All India Petroleum Dealers Association has said it is not participating in the closure exercise.

"Major dealers' federations have clarified that they don't endorse any closure of petrol pumps on any day", the oil ministry tweeted. In next few weeks, a general body meeting will take place to discuss the agreement that the PSU oil companies had signed with it in November past year to consider their demand for raising fuel margins.

K.P. Murali said that, "On an average the per day sales of fuel is for around Rs 153 crore".

"We are operating on extremely low margins, selling high-tech unleaded petrol-diesel products in which the evaporation rate is very high, resulting in huge losses", Lodh told IANS.

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From May 14, petrol pumps in eight states including Kerala, Tamil Nadu, Karnataka and Maharashtra will remain closed on Sundays. "All these days we have been functioning paying workers double wages". If this plan actually goes through, commuters may have to change their petrol-filling habits. "They will definitely face hardships or will have to reconsider their plans for the weekend if they suddenly discover that there is not enough petrol or diesel in their vehicles".

It added that major dealers' federations have clarified that they don't endorse any closure of petrol pumps on any day.

He said all the outlets will have one staffer on Sundays who will supply fuel in an emergency. "That struggle is going on. We will announce our decision soon", he said.

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