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Delhi Petrol dealers support 'No Purchase, No Sale' from June 16

ANI  |  New Delhi [India] 

Petrol Dealers Association on Tuesday announced support to 'No Purchase, No Sale' call by Federation of All Petroleum Traders (FAIPT) from June 16.

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 companies such as Indian Corporation, Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd, decided on a pan-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 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 13 2017. 20:07 IST