Delhi Petrol Dealers Association on Tuesday announced support to 'No Purchase, No Sale' call by Federation of All India 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 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.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app