Speculations are circulating that the Centre is beginning the process of selling off shares in oil companies to private global companies. This has led to concerns among petroleum dealers, who have been asking for higher commission amounts and solutions to their issues. The Telangana Petroleum Dealers’ Association has decided to call for a strike due to the lack of response from the Centre.
The issue at hand is not limited to Telangana but affects dealers across the country. Many believe that the disinvestment process in Bharat Petroleum is already underway and could progress further after the general elections. The Centre’s delay in addressing dealer demands is seen as a strategy to weaken public sector oil companies, potentially leading to their handover to private entities.
The dealers association accuses Public Sector Undertakings of also favoring disinvestment and claims that the petroleum ministry is unwilling to listen to their grievances. With an uncertain future, petroleum dealers are considering going on strike to pressure the government into taking action in their favor.
