Gulf News

Fuel traders call for a 24-hour strike

-

Traders of petrol and diesel have decided to go ahead with their 24-hour strike from midnight Friday after their talks with Petroleum Minister Murli Deora on higher commission­s ended in a stalemate yesterday.

“We are not ready for mere assurances any more. We want concrete solutions,” Federation of All India Petroleum Traders secretary Ajay Bansal said after the hour-long meeting with Deora and ministry officials here.

The dealers want an ad valorem commission of five per cent on transport fuels, as opposed to the existing rate of 80 paise per litre for petrol and 50 paise per litre for diesel.

“Even in the neighbouri­ng countries, the commission varies between 4-5 per cent. We are saying fix a percentage and let the commission come down or go up as and when the prices fluctuate,” Bansal added.

Newspapers in English

Newspapers from United Arab Emirates