Will petrol pumps in Punjab remain closed today? What you need to know

Punjab Petrol Pump Strike: Punjab petrol pumps close? Check latest updates here

Published on: Feb 22, 2024, 09:12:32 IST

By HT News Desk

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Punjab Petrol Pump Strike: Petrol Pump Dealer Association (PPDA) strike in Punjab has been paused as a meeting between the Association and the Oil Companies is scheduled for today. With this, petrol pumps across Punjab which were supposed to be shut today (February 22) will remain open. Dealers in the state have been demanding an increase in their commission but the strike was put on hold as the PPDA decided to wait until the meeting is held. If the meeting remains inconclusive, PPDA has said, as per Rozana Spokesman report, that it will start the strike on Thursday- February 29.

Punjab petrol pumps close? Check latest updates here

Punjab Petrol Pump Strike: Why are Petrol Pump dealers protesting?

Since last seven years, oil marketing companies (OMCs) had not raised margins for the dealers, resulting in the latter to protest. Ashok Sachdeva, chairman of the PPDA said that since 2017 the price of fuel stayed about ₹3 per litre, while ₹2 per litre remained for diesel. The PPDA chairman had earlier said that no dealer will purchase fuel from oil companies on February 15 and that all pumps in Punjab will be closed on February 22. This has resulted in a supply disruption in the state and also led to panic buying.

Ashok Sachdeva also said that the PPDA expects more states to join the protest as it will extended if the government does not respond to their demands.

This comes as farmers in Punjab have resumed their protests demanding a legal guarantee for a minimum support price for crops and a waiver of farm debt.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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Will petrol pumps in Punjab remain closed today? What you need to know

Punjab Petrol Pump Strike: Punjab petrol pumps close? Check latest updates here

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Punjab Petrol Pump Strike: Why are Petrol Pump dealers protesting?