Petroleum prod­ucts to be sold on e-com­merce plat­forms soon: Prad­han

THE IDEA WAS FIRST MOOTED AT A MEET­ING OF THE CONSULTATIVE COM­MIT­TEE OF MEM­BERS OF PAR­LIA­MENT AT SRINAGAR ON APRIL 21

Resource Digest - - CONTENT -

Soon, ev­ery petroleum prod­uct will be avail­able on e-com­merce plat­forms. “We have al­ready re­ceived per­mis­sions to do that. When I pre­sented the idea, a lot of peo­ple were skep­ti­cal, but now it is be­com­ing a real­ity,” Petroleum Min­is­ter Dhar­men­dra Prad­han said while ad­dress­ing the In­dia Mo­bile Con­gress in New Delhi.

The idea was first mooted by Prad­han at a meet­ing of the Consultative Com­mit­tee of Mem­bers of Par­lia­ment in Srinagar on April 21. The min­istry wanted home de­liv­ery of fuel as a push to dig­i­tal trans­ac­tions, post-de­mon­eti­sa­tion, and in or­der to re­duce the long queues out­side fuel out­lets.

Last month, oil mar­ket­ing ma­jor In­dian Oil Cor­po­ra­tion (IOC) had in­di­cated that it was likely to launch home de­liv­ery of diesel within two months. How­ever, oil mar­ket­ing com­pa­nies were wait­ing for clear­ances from the Petroleum and Ex­plo­sives Safety Or­gan­i­sa­tion. Out of the 59,595 fuel re­tail out­lets in In­dia, IOC, Hin­dus­tan Petroleum and Bharat Petroleum run more than 54,000. “The size of the en­tire petroleum in­dus­try will come to the tune of Rs 6.5 lakh crore. We have about 40 mil­lion con­sumers com­ing to about 100,000 re­tail out­lets across the coun­try on a daily ba­sis. We want this con­sumer base to be linked to in­for­ma­tion tech­nol­ogy and mo­bile plat­forms, and want the co­op­er­a­tion of the mo­bile in­dus­try in this,” Prad­han added, speak­ing to in­dus­try stal­warts in­clud­ing Reliance In­dus­tries Chair­man Muke­sham­bani and Bharti Air­tel hon­cho Su­nil Mit­tal.

Mean­while, hit­ting hard at the state gov­ern­ments on the is­sue of higher petrol and diesel prices, Prad­han in­di­cated that Prime Min­is­ter Naren­dra Modi’s de­ci­sion to link oil prices to the global mar­kets was caus­ing some pain now. “The states are ask­ing for cen­tral ex­cise duty to be cut but why don't they cut their own state taxes?” Prad­han asked.

The re­tail sell­ing price of petrol in Delhi showed a 7.9 per cent in­crease from Rs 65.23 per litre as on June 17 to Rs 70.41 per litre as on Septem­ber 26. This time pe­riod saw a 14 per cent in­crease in in­ter­na­tional petrol prices and also a 40 per cent in­crease in dealer com­mis­sions.

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