Coal News We love to talk!

APR 20 2017

Sunday off for petrol pumps could invoke ECA: Government

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 20th APR 2017

The threat by petroleum dealers to shut down pumps on Sundays will be dealt with according to measures necessary to maintain supplies of essential commodities, the Centre said on Wednesday.

"We have just now been made aware of this decision by the petroleum dealers through media reports," a senior Petroleum Ministry source said when queried about the dealers' decision to shut fuel bunks every Sunday starting May 14 to protest the public sector oil companies' failure to hike dealer margins.

The decision will cover Haryana, Maharashtra and the entire southern region -- Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, Kerala as well as Puducherry.

"We have to wait and see how this measure impacts on the ground... because petroleum products are classed essential commodities and the Essential Commodities Act (ECA) can be applied depending on the circumastances," the source said.

Dealers' body representatives told the media on Tuesday that their decision was in line with Prime Minister Narendra Modi's recent call to save petrol and diesel.

Petroleum Minister Dharmendra Pradhan, who was in Jaipur on Tuesday to witness the MoU signing for construction of a refinery in Rajasthan by state-run Hindustan Petroleum, is expected to assess the possible fallout of the dealers' decision here on Wednesday.

 

Tags

Haryana Rajasthan Maharashtra Andhra Pradesh Karnataka Tamil Nadu Puducherry Kerala Telangana Southern Region Oil Diesel Petroleum Products Refinery Memorandum Of Understanding Petrol Petroleum

Related News

  • Dharmendra Pradhan meets Sheikh Hasina, to explore opportunities between Indian Oil and Bangladesh Petroleum  Read more
  • Cabinet nod to closure of joint ventures CHBL, ICBL  Read more
  • MRPL to meet BS VI norms well ahead of April 2020 deadline  Read more
  • Power outages forcing firms to reconsider investment, expansion plans in Telangana  Read more
  • Karnataka to end power deficit in a year: D K Shiva Kumar  Read more
  • 10,000 electric cars highlight steep path to India's ambitions  Read more
  • Telangana to offer Rs. 6.45/unit for solar power procurement  Read more
  • No govt funding for Paradip petro complex, says Petroleum Minister  Read more
  • Free LPG connections: To boost Ujjwala Plus corpus, PM Narendra Modi may allow corporate donations  Read more
  • India eyes slew of deals at Petrotech meet  Read more