FAMPEDA - Latest News Update, Information, Photos & Videos on FAMPEDA at Lokmat Times

Demand to increase commission, streamline fuel supplyAurangabad, May 27:The Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) has announced a nationwide ‘No Purchase’ agitation from May 31 demanding to increase the commission rate given to petrol pump owners. A letter has been submitted to the district collector office in this regard.Giving more information, FAMPEDA president Uday Lodh said, there has been no increase in the commission behind petrol and diesel since 2017. The Apoorva Chandra committee had suggested increasing the commission of the fuel pump owners every six months. But there has been no increase since 2017. The pump operational costs are higher than the commission resulting in losses. Hence FAMPEDA has decided not to purchase petrol and diesel from May 31, demanding the Central government to increase the commission. The agitation will continue till the demands are met.Supply reduced by companiesThe supply of petrol and diesel was being reduced by the petrol companies. The pump owners are making advance payments to the companies, but are not getting fuel on time. There is a demand of 40,000 to 50,000 litres of fuel at each pump. But only 24,000 litres of fuel is being made available. Recently, the prices of petrol and diesel were reduced. As payments were made in advance, it caused loss of Rs 4 to 5 lakhs to each pump owner in a single day. To attract the attention to the plight of the pump owners, we have decided to hold a 'No Purchase' agitation on May 31, said Akhil Abbas, secretary of the petrolium dealers association.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Fampeda, NewsFOLLOW

Fampeda, Latest News

Aurangabad :Pump owners to observe 'No Purchase' day on May 31

Demand to increase commission, streamline fuel supply Aurangabad, May 27: The Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) ... ...