Mercedes-Benz To Unveil First Production EQ Electric In Geneva
Nalpad suspended for six years from youth Congress
Buhari meets with APC governors in Katsina
Tongan Pita Taufatofua only trained for three months before competing in Olympics
NEIPDA supports strike by petroleum dealers on October 13
12 October 2017, 11:44 | Jodi Jackson
Petro delears face ECA if supply disrupted OMCs
The strike was called protesting against discrepancies in supply and demand to include petroleum products under the Goods and Services Tax (GST).
He said though NEIPDA is not affiliated to any of the three bodies, but it has extended support to the shutdown-call as the charter of demands put forward by the UPF were applicable to NEIPDA.
"The state government can invoke Essential Services Maintenance Act (ESMA), they can take over pumps and give to oil companies for operating, and we can takeover petrol pumps".
According to a UPF spokesperson, the dealers' association has withdrawn its call for a 24-hour strike of fuel pumps on Friday.
The United Petroleum Front, an umbrella organisation for the Federation of All-India Petroleum Traders, the All-India Petroleum Dealers Association and the Consortium of Indian Petroleum Dealers, had also threatened indefinite stoppage of purchase and sale operations from October 27.
While calling off the strike Ajay Bansal, President of All India Petroleum Dealers Association said, "The director marketing of the three oil companies had appealed to us not to go on strike and so we are withdrawing the strike on their appeal".
Earlier, the petrol and diesel dealers' strike against daily revision of petrol and diesel prices scheduled on June 16 was deferred.
Indian Oil, Hindustan Petroleum and Bharat Petroleum control about 54,000 petrol pumps across the country, or more than 90% of the fuel retailing market. S Ramesh, director marketing at BPCL, said OMCs fail to understand why dealers are not happy with the new wages implemented for bunker attendants as the entire wage hike of up to 49 per cent has been absorbed by OMCs.
This was conveyed to the oil companies through written statements underlining their decision to this effect, said a statement issued by Subodh Dakwale, Executive Director (CC &Branding).
The scheduled strike was to press for long-pending demands ignored by the state-run oil marketing companies (OMCs) since an agreement was signed last November, news agency PTI reported.
What The Wire story alleges against Jay, Amit Shah's son
He said Amit Shah's son Rs. 100 crores defamatory suit was an attempt to suppress the media and their freedom of expression. Goyal had said that the BJP's conscience is clear over the matter and that is why Jay Shah had filed the defamation case .
What's Real Worth Of CA, Inc. (CA), Merck & Co., Inc. (MRK)
Ltd. increased its stake in shares of Merck & Co.by 2.5% in the third quarter. (NYSE:MRK) popped in on a low volume green day. After $1.01 actual EPS reported by Merck & Co., Inc. for the previous quarter, Wall Street now forecasts 1.98% EPS growth.