Weekly Holiday for Petrol bunks was postponed

Mumbai, May 14: The Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) President Uday Lodh has announced that, The proposed agitation was a weekly 'holiday'for petrol pumps across eight states has withdrawn on Saturday.

Lodh said that in view of a review meeting called on Wednesday (May 17) by Oil Marketing Companies (OMCs) it has been decided to postpone the agitation till further notice.

The Consortium of Indian Petroleum Dealers (CIPD) along with FAMPEDA was planning to launch the 'Cost Cutting Module' in Maharashtra, Karnataka, Kerala, Tamil Nadu, Puducherry, Andhra Pradesh, Telangana, and Haryana, citing low margins.



The move would have affected 4,500 petrol pumps in Maharashtra alone, with 225 in Mumbai, said Lodh.

"Next Wednesday, we have been called to discuss our agreement with the OMCs of November last year and related issue. So till then, we have decided to postpone our agitation," Lodh said.

Besides, there are concerns like paying a certain amount of minimum salary to the staffers at each petrol pump, which has become unaffordable owing to the low operating margins, he said.