CarWale
    AD

    Government to hike fuel prices to increase dealers’ commission

    Authors Image

    Venkat Desirazu

    3,790 Views
    Government to hike fuel prices to increase dealers’ commission

    The Central government will hike the price of petrol by 30 paise and diesel by 18 paise in a bid to increase the dealers’ commission. They will now get a commission of Rs 1.79 from the earlier Rs 1.49 for a litre of petrol and Rs 1.09 for a litre of diesel from the earlier 91 paise. 

    However, the dealers are still unhappy as this hike is still short of their demand of 67 paise hike in commission for petrol and 42 paise for diesel. They have specified these two prices considering the rising costs of operating a petrol pump. 

    "A few of our operating costs like running pumps on generators, free services (like air and water) and increase in evaporation, seem to have not been taken into account while calculating the proposed commission," said Ajay Bansal, Federation of All India Petroleum Traders General Secretary.

    This hike is inevitable as petrol pump owners have been having a hard time maintaining profitability due to rising input costs and volatile oil prices. Without the hike, many smaller bunks will be forced to shut down making the common man travel longer distances to tank up their vehicles.      

    According to reports, the hike will come into effect in the next few days depending on the when the petroleum ministry issues a formal notice to the oil companies.   

     

    Popular News

    Recent News

    Featured Cars

    • Popular
    • JUST LAUNCHED
    • Upcoming
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 7.72 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 8.87 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    6th NOV
    Tata Curvv
    Tata Curvv
    Rs. 11.29 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Mahindra XUV 3XO
    Mahindra XUV 3XO
    Rs. 8.82 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Mahindra Thar Roxx
    Mahindra Thar Roxx
    Rs. 14.93 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Hyundai Creta
    Hyundai Creta
    Rs. 12.51 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Tata Nexon
    Tata Nexon
    Rs. 9.06 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    BMW M5
    BMW M5
    Rs. 2.23 Croreonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    21st NOV
    BMW M5
    BMW M5
    Rs. 2.23 Croreonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    21st NOV
    Mercedes-Benz AMG C 63 S E Performance
    Mercedes-Benz AMG C 63 S E Performance
    Rs. 2.19 Croreonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    12th NOV
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 7.72 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 8.87 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 4.03 Croreonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 88.31 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Volvo EX40
    Volvo EX40
    Rs. 59.30 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    BYD eMax 7
    BYD eMax 7
    Rs. 28.39 Lakhonwards
    On-Road Price, Bundelkhand
    Check On-Road Price
    Audi Q7 facelift
    LAUNCHING SOON
    Nov 2024
    Audi Q7 facelift

    Rs. 89.00 - 98.00 LakhEstimated Price

    28th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Honda Amaze 2024
    LAUNCHING SOON
    Dec 2024
    Honda Amaze 2024

    Rs. 7.50 - 10.00 LakhEstimated Price

    4th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Toyota Camry 2024
    Toyota Camry 2024

    Rs. 45.00 - 55.00 LakhEstimated Price

    11th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    BMW New X3
    BMW New X3

    Rs. 65.00 - 70.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Hyundai Creta EV
    Hyundai Creta EV

    Rs. 22.00 - 26.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Tata Punch facelift
    Tata Punch facelift

    Rs. 6.00 - 11.00 LakhEstimated Price

    Feb 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from CarWale
    • Home
    • News
    • Government to hike fuel prices to increase dealers’ commission