Petrol bunks to observe two-day no purchase strike from today

Several bunks are likely to go dry over the next two days with a two day no purchase decision being taken by petrol bunk owners. The protest is against the oil companies.

Bengaluru, Nov 3: Several bunks are likely to go dry over the next two days with a two day no purchase decision being taken by petrol bunk owners. The protest is against the oil companies.

The dealers have called for a nation wide protest against petroleum dealers reducing profit margins and for the implementation of the recommendations by the Apurva Chandra Committee.

The Akhila Karnataka Petroleum Traders' Association and Bangalore Petroleum Dealers president B R Ravindranath says that this protest means that we will not purchase stocks from oil companies for two days. This is likely to affect fuel stocks. Some bunk owners say that they may have sticks till tomorrow.

From Saturday onwards bunks will operate in single shifts till their demands are met.

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The committee suggested a review of the commissions paid to dealers by taking into account factors like minimum wage and power rates. There are around 400 petrol bunks in the city and around 4,000 across the State.

About 25 bunks operated by private companies and another 20 by oil companies themselves are expected to remain open.

OneIndia News