(HT)
Around 4,500 petrol and CNG pumps in Maharashtra have decided to observe ‘holiday’ on Sundays, beginning May 14, and work on single day shifts, 9 a.m.-6 p.m., from Monday – ignoring criticism of the move by the Petroleum Ministry.
The move will hit 225 petrol pumps in Mumbai alone, Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) President Uday Lodh said. The move is being implemented to support its various demands with the Oil Marketing Companies (OMCs), including a hike in dealer margins which were not revised since 2011, and other long-pending issues.
“We are currently operating on extremely low margins, selling high-tech unleaded petrol/diesel products in which the evaporation rate is very high, resulting in huge losses, besides several other major issues,” Lodh told IANS.
