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Petrol pumps to strike on July 12 as daily fuel price revision woes hurt traders | The Financial Express

The woes on petrol diesel daily price revision continue to bite as the All India Petrol Dealers’ Association (AIPDA) announced a nationwide petrol pump strike on July 12. This strike will follow a symbolic “no-purchase” agitation on 5 July. AIPDA is protesting against the oil marketing companies’ failure to install 100 per cent automated system at the pumps and lack of transparency in the daily dynamic pricing model.

“We had a stormy three-hour meeting with oil marketing companies (OMCs) on June 29. The OMCs had agreed with us and had assured that price protection needs to be given,” said AIPDA spokesperson Ali Daruwalla.

He added, “However, they (OMCs) could not give us any specific date for implementation of price protection, for which we all walked out in protest. We were requested by OMCs to wait till 2 pm on June 30 for their reconsideration, yet no fruitful result has come out. Hence, we have decided to resort to a no-purchase agitation on July 5 and a no-purchase-no sale agitation on July 12 across the country.”

West Bengal Petroleum Dealers’ Association president Tushar Sen said that in West Bengal and many other states, the automated system has been installed in only one per cent of the petrol pumps.

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Petrol pumps to strike on July 12 as daily fuel price revision woes hurt traders – The Financial Express.