Rajasthan petrol pump strike: Deserted fuel pumps in Jaipur | Watch

  • The Rajasthan Petrol Dealers Association has initiated a 'No Purchase, No Sale' strike set to begin at 6 am on Sunday, March 10 lasting for the subsequent 48 hours. Their goal is to bring attention to the exorbitant fuel prices within the state to the government.

Livemint, Written By Shivangini
Published10 Mar 2024, 12:22 PM IST
The association's treasurer, Sandeep Bageria, stated that petrol pump operators in Rajasthan have been facing continuous losses due to the increased value-added tax (VAT) on fuel prices. (PTI Photo) (PTI01_02_2024_000270A)
The association’s treasurer, Sandeep Bageria, stated that petrol pump operators in Rajasthan have been facing continuous losses due to the increased value-added tax (VAT) on fuel prices. (PTI Photo) (PTI01_02_2024_000270A)(PTI)

Fuel pumps across Jaipur were deserted today as the Rajasthan Petroleum Dealers Association began their two-day strike, demanding a cut in the value-added tax (VAT) levied on petrol and diesel, according to news agency ANI.

In a video shared by ANI, petrol pumps in the city can be seen devoid of vehicles, with no customers being served. The strike commenced at 6 am on Sunday, March 10, and will continue for 48 hours until 6 am on March 12.

The Rajasthan Petrol Dealers Association declared a "No Purchase, No Sale" strike commencing at 6 am on Sunday, lasting 48 hours. Their objective is to highlight the state's soaring fuel prices to the government.

Also Read | Fuel price cut only after stabilization of geopolitical scenario

The association's treasurer, Sandeep Bageria, stated that petrol pump operators in Rajasthan have been facing continuous losses due to the increased value-added tax (VAT) on fuel prices. Despite repeated demands to reduce the VAT, the government has not addressed their concerns. Bageria highlighted that petrol prices in neighbouring states are significantly lower than in Rajasthan.

Also Read | Indian Oil becomes the first Indian firm to produce fuel for Formula 1 cars

Bageria said, "Rajasthan Petrol Dealers Association has announced a "No Purchase, No Sale" strike from 6 am for the next 48 hours. The aim is to draw the attention of the government to the high fuel prices in the state," as quoted by ANI.

Also Read | Arun Goel resignation: Meeting to pick new Election Commissioner on March 15, says sources

"Due to increased VAT in Rajasthan, petrol pump operators are continuously facing losses. We have been demanding the government reduce VAT for a long time, but no hearing is taking place. Petrol is being sold much cheaper in neighbouring states than in Rajasthan. Another demand is that the commission of dealers has not increased for the last 7 years. Due to this, most of the petrol pumps in Rajasthan are on the verge of closure," he said.

"33 per cent of dealers in our trade association are on the verge of shutting down," Bageria added.

 

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:10 Mar 2024, 12:22 PM IST
Business NewsNewsIndiaRajasthan petrol pump strike: Deserted fuel pumps in Jaipur | Watch

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    158.30
    03:56 PM | 14 OCT 2024
    -2.4 (-1.49%)

    Bandhan Bank share price

    199.90
    03:55 PM | 14 OCT 2024
    -11.1 (-5.26%)

    Wipro share price

    549.45
    03:59 PM | 14 OCT 2024
    20.5 (3.88%)

    Indian Oil Corporation share price

    165.40
    03:53 PM | 14 OCT 2024
    2.2 (1.35%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Tech Mahindra share price

    1,692.75
    03:54 PM | 14 OCT 2024
    47 (2.86%)

    National Aluminium Company share price

    226.50
    03:51 PM | 14 OCT 2024
    3.8 (1.71%)

    Divis Laboratories share price

    6,212.10
    03:29 PM | 14 OCT 2024
    70.95 (1.16%)

    HCL Technologies share price

    1,856.00
    03:59 PM | 14 OCT 2024
    16.45 (0.89%)
    More from 52 Week High

    Avenue Supermarts share price

    4,184.45
    03:50 PM | 14 OCT 2024
    -387.9 (-8.48%)

    Tata Chemicals share price

    1,102.95
    03:59 PM | 14 OCT 2024
    -81.3 (-6.87%)

    Bandhan Bank share price

    199.90
    03:55 PM | 14 OCT 2024
    -11.1 (-5.26%)

    Colgate Palmolive India share price

    3,518.80
    03:53 PM | 14 OCT 2024
    -170.45 (-4.62%)
    More from Top Losers

    Aptus Value Housing Finance India share price

    388.75
    03:53 PM | 14 OCT 2024
    27.75 (7.69%)

    Finolex Industries share price

    316.05
    03:58 PM | 14 OCT 2024
    16.9 (5.65%)

    Federal Bank share price

    197.00
    03:40 PM | 14 OCT 2024
    9.65 (5.15%)

    Raymond share price

    1,682.85
    03:47 PM | 14 OCT 2024
    79.95 (4.99%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,675.00-10.00
      Chennai
      77,681.00-10.00
      Delhi
      77,833.00-10.00
      Kolkata
      77,685.00-10.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts