The FAIPT has threatened to go on strike from June 16 to oppose the manner in which daily price revision is proposed to be implemented.
On June 8, state-owned oil companies such as Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd, decided on a pan-India implementation of daily price revision of petrol and diesel.
The petroleum dealers' body is for an automated system to reflect price changes from the state-run oil marketing companies.
The main concern of the dealers is that they will have to stop the sales every midnight for considerable time to change the daily rates.
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