Govt warns private fuel retailers over sales caps
The Petroleum Ministry has warned private fuel retailers like Jio-bp and Nayara Energy that capping daily diesel sales is unacceptable. The government maintains that there is no change in its policy regarding fuel availability.
Why it matters
This intervention underscores the government's role in regulating essential commodity supply chains during periods of market volatility.
Imposing caps on retail fuel sales is not acceptable and the government will take up the matter with private oil-marketing companies, Petroleum Ministry Secretary Neeraj Mittal told reporters in response to queries over diesel purchase limits imposed by private retailers Jio-bp and Nayara Energy.
“Nobody is allowed to put a cap on sales. We will take it up with them and tell them it is not acceptable,” Mr. Mittal said. “In the past also, letters have been issued and instructions have been issued. The same thing applies even today; there is no change in the government’s view on this.”
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in