Oil firms hike commissions of fuel pump dealers
New Delhi   04-Aug-2017

State-owned fuel retailers have hiked commissions paid to fuel pump dealers by up to 43% for petrol and by up to 59% for diesel. Announcing the decision, IOC chairman Sanjiv Singh said commission to petrol pump dealers was previously paid as fixed amount per litre and was uniform for all operators irrespective of their size. But now keeping in mind the hardships of petrol pumps selling less than the national average of 170 kilolitre of fuel per month, a graded formula has been decided, he said. This has been done keeping in mind the fact that wages for employees and other utility costs like electricity are same for all pumps irrespective of sales, he added.