According to a report in The Hindu, the Petroleum dealers of the national oil marketing companies have deferred their decision to go on strike following a set of assurances from the Ministry of Petroleum and Natural Gas.
“The indefinite strike by the dealers from September 20 has been deferred following a set of assurances from the Ministry of Petroleum and Natural Gas," M Kannan, president, Tamilnadu Petroleum Dealers" Association told the newspaper.
Kannan spoke to The Hindu over phone from New Delhi after participating in a meeting of leaders of the Federation of All India Petroleum Traders" Association and the Union Minister of Petroleum and Natural Gas Murli Deora on Saturday, Sep 18 afternoon.
The ministry has proposed to set up a committee that would look into the demand of the dealers for a commission of 5 per cent of the retail price of the products, Ashok Badhwar, president of the Federation is quoted as saying.
The proposed committee, which would include Mr Badhwar and directors from the Ministry and oil companies, is expected to submit its report in three months, the report published on the newspaper's website on Sep 18 evening said.