Petrol pumps likely to have weekly off on Sundays from May 14

New Delhi: In a shocking news, the petrol pumps across India are mulling to have a weekly off on every Sunday and open for only nine hours from 9 am to 6 pm on the other days.

The decision is likely to be implemented from May 14 this year. The petrol pump dealers association has called for a 'No Purchase Day' on May 10.

According to the reports, the petrol pump dealers of the country have threatened to keep the pumps closed on Sundays appealing the government to fulfill their demands.

The Consortium of Indian Petroleum Dealers (CIPD) is miffed with the oil marketing companies for not fulfilling their written promise of giving dealer margins on the basis of Apurva Chandra committee report.

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The Apurva Chandra report states, dealers should be given margins of Rs 3,333 per kilolitre on petrol and Rs 2,126 per kilolitre on diesel.

The dealers, however, are getting Rs 2,570 and Rs 1,620 for petrol and diesel, respectively. According to an Indian Oil Corporation circular, the dealer commission on petrol currently stands at Rs 2.56 per litre, while on diesel the commission is Rs 1.65 per litre as on April 1.