Petro in light of global supply chain disruptions due to war in the Middle East‘The law and the temporary ban on the sale of diesel will be lifted from July‘b, declared by the Central Govt. This information was informed in a government directive issued on Monday, This decision has been taken in view of adequate availability of fuel and current normal supply, so that from now on transp‘Commercial users with no quantitative obligations such as RT companies and industrial retail pet‘Fuel can be purchased from Ain Pumps.
Earlier this month, the government ensured fuel availability for all, Prevent storage, These restrictions were imposed to prevent abuse and maintain regular supply at reasonable prices. According to this rule, retail petrol of commercial customers‘The law prohibited the purchase of fuel from the pump altogether. In addition, Dr, A maximum daily purchase limit of 200 liters of diesel per customer or vehicle was fixed.
The government had earlier taken this step due to the huge difference between retail and wholesale fuel prices‘They were forced to do so. About 40 percent of India’s total fuel consumption is diesel, It was sold to industrial customers at around Rs 40 per liter more than the retail price. Taking advantage of this huge price differential, many commercial customers, including trucking companies, have turned to cheaper retail pumps operated by state-owned oil companies rather than the wholesale market., This puts additional pressure on fuel supply in different parts of the country.
As a result of this situation, the public sector operates about 90 percent of the country’s more than 100,000 fuel stations., Indian Oil Corporation respectively‘rationing, India Pet‘Liam Corporation‘Ration and Hindustan Petro‘Liam Corporation‘Rations have been hit the hardest. During this period diesel sales of these companies increased unexpectedly. On the other hand, Private sector fuel retailers, who set prices at par with market prices, saw a substantial decline in sales.
The government’s decision to lift all these restrictions from July 1 indicates that fuel supply will be normal across the country. With improvements in the supply chain, emergency measures are no longer needed, government reports make clear.