The United Petroleum Front (UPF) today announced a 24-hour
closure of outlets by petroleum dealers nationwide from October 12 midnight to
press the government on their demands, including rectification of trade
The UPF has said that if the government does not relent, it would go for an
indefinite closure of purchase and sale from October 27 till the trade
anomalies are resolved.
Speaking to reporters, the president of All Karnataka Front of Petroleum
Traders B R Ravindranath said Oil Marketing Companies (OMCs) are not keen on
resolving the issues and demands which they had earlier agreed on November 4
last year. "OMCs had agreed to resolve issues pertaining to revision on
return of investment, revision of dealer margin every six months, revised
manpower requirement, fresh study on petroleum product handling losses, product
transportation issues and ethanol blending without proper equipment. Sadly none
of them have been addressed," said Ravindranath.
The petroleum dealers said that the recent amendment in Marketing Discipline
Guidelines (MDG) to penalise dealers up to Rs 2 lakh is arbitrary and
He was also critical about the zero-tolerance policy, saying that manufacturers
of the equipment themselves do not guarantee a 'zero tolerance' behaviour of
Ravindranath demanded that the daily price mechanism and the proposed 'home
delivery' be reconsidered as it has not benefited the traders.
He said the UPF also demands implementation of the Goods and Services Tax on
"GST must be implemented on petroleum products so that 'one nation, one
rate' can be fulfilled to benefit consumers," said Ravindranath.