From May 14, petrol pumps in eight states including Kerala, Tamil Nadu, Karnataka and Maharashtra will remain closed on Sundays.
Here's all you need to know about the issue.
- The Consortium of India Petroleum Dealers (CIPD) took the decision keeping in line with Prime Minister Narendra Modi's vision to reduce fuel consumption.
- Nearly 25,000 outlets in Tamil Nadu, Kerala, Karnataka, Puducherry, Andhra Pradesh, Telangana, Maharashtra and Haryana would be shut for 24 hours on Sundays, starting May 14.
- To address any emergency situation, the petrol pumps will have one staff member on the holidays to provide fuel. They have also decided to reduce operational time and keep petrol pumps open between 9 am to 6 pm to cut costs.
- Meanwhile, the Central government has adopted a tough stance on the issue, and said the threat by the association would be dealt according to the measures necessary to maintain supplies of essential commodities.
- In Tamil Nadu, Consortium of Indian Petroleum Dealers expects a business loss of Rs 150 crore if the petrol pumps do not operate on a Sunday.
- Petrol pump owners are demanding higher commission from oil marketing companies to match their operational costs. The operating costs include wages, electricity, insurance, water and maintenance, taxes/audit, telephone/bank charges, uniform, printing and stationery, consumables and staff welfare.
- The petrol pump owners also plan to mark May 10 (Wednesday) as a "No Purchase Day" before they start closing down on Sundays from May 14 onward.