Consortium of Indian Petroleum Dealers (CIPD) has asked the Government to revise the raise in the margin twice a year, instead of once a year, its President D. Sathyanarayanan, said today.
The dealers were running the business at a low margin of Rs. 2 per litre for petrol and Rs.1.43 for diesel, which was being revised once a year, which however, was not adequate considering the transport, labour and other costs, Sathyanarayanan told reporters here.
“This is a burning issue for the dealers and we have already represented to the Government,” Sathyanarayanan, here to participate in the 2nd convention of Tamil Nadu Petroleum Dealers Association, said.
The Consortium also wanted the Government to have a viable transport system by fixing reasonable rates, he said. Stating that there were lot of issues to be discussed and settled with and by the Government, he said that the Ministry concerned should convene a meeting of dealers’ body every three months so that small things can be settled.
There was also the shortage of supply points, leading to delayed supply of products, which would also be discussed with the Government, Sathyanarayanan said.
The dealers were running the business at a low margin of Rs. 2 per litre for petrol and Rs.1.43 for diesel, which was being revised once a year, which however, was not adequate considering the transport, labour and other costs, Sathyanarayanan told reporters here.
“This is a burning issue for the dealers and we have already represented to the Government,” Sathyanarayanan, here to participate in the 2nd convention of Tamil Nadu Petroleum Dealers Association, said.
The Consortium also wanted the Government to have a viable transport system by fixing reasonable rates, he said. Stating that there were lot of issues to be discussed and settled with and by the Government, he said that the Ministry concerned should convene a meeting of dealers’ body every three months so that small things can be settled.
There was also the shortage of supply points, leading to delayed supply of products, which would also be discussed with the Government, Sathyanarayanan said.