FAIPT meeting with oil companies tommorow on June 28 at Hotel Le Meridien: Grewal

New Delhi: June 27, 2017
Sukhminderpal Singh Grewal National Secretary and Spokesperson FAIPT said that Oil Marketing Companies (PSU) officials has proposed to hold a meeting with representatives of Federation of All India Petroleum Traders (FAIPT) in Delhi to discuss various issues from 11:30 AM tommorow, on June 28 at Hotel Le Meridien, Windsor Place, New Delhi. In a press statement here today Grewal said that EDs Retail of Oil Marketing Companies will attend the meeting. He told that a letter is send by the Industry Coordinator (Retail) Bharat Petroleum Corporation Ltd to our National President Ashok Badhwar. Grewal said that according the Oil Marketing Companies (PSU) officials the details of the venue shall be communicated later. The Oil Marketing Companies (PSU) also requested to please make it convenient to attend the meeting along with your members. Grewal told that this letter is issued on behalf of the Oil Marketing Companies (PSU). He said that this letter is issued by Industry Coordinator (Retail) Bharat Petroleum Corporation Ltd.

Petrol pumps meeting with oil companies on 28 June- Sukhminderpal Singh Grewal FAIPT

New Delhi: 24 June 2017
Sukhminderpal Singh Grewal National Secretary and Spokesperson of Federation of All India Petroleum Traders (FAIPT) said that a letter is send by Industry Coordinator (Retail) Bharat Petroleum Corporation Ltd to our National President Ashok Badhwar. In a press statement here today Grewal told that this letter of Oil Marketing Companies (PSU) officials is proposed to hold a meeting with representatives of Federation of All India Petroleum Traders (FAIPT) in Delhi to discuss various issues from 04.00 to 05.30 pm on 28.6.2017. EDs Retail of Oil Marketing Companies will attend the meeting. Grewal said that according the Oil Marketing Companies (PSU) officials the details of the venue shall be communicated later. The Oil Marketing Companies (PSU) also request to please make it convenient to attend the meeting along with your members. We would request you to limit the number of participating members to (10) only. Grewal told that this letter is issued on behalf of the Oil Marketing Companies (PSU). He said that this letter is issued by Industry Coordinator (Retail) Bharat Petroleum Corporation Ltd.

Dharmendra Pradhan plays peacemaker, pump owners call off strike - Grewal

New Delhi: 15 June, 2017
FAIPT National Secretary and Spokesperson Sukhminderpal Singh Grewal said that now Petrol, diesel price to be revised at 6 am every day from June 16. Petrol pump owners and operators called off their proposed strike against daily fuel price revision from June 16 on Wednesday, following oil minister Dharmendra Pradhan's assurance to address their concerns.

This paves the way for seamless implementation of daily fuel price revision throughout the country from Friday, with a helping hand from the state-run refiner marketers who are setting up 87 control rooms to intervene in case of any glitch.

At a meeting with representatives of Federation of All India Petroleum Traders, Pradhan described the dealers as "family" and asked oil company executives to address their issues in a time-bound manner. "There was some practical difficulties which we have addressed with leadership of all the three petroleum dealers associations," Pradhan said.

As a concession to dealers, it was decided that petrol pumps will switch over to new rates at 6am daily instead of the previous night.

FAIPT National Secretary Grewal thanked Pradhan for his intervention, saying the minister had asked for rolling out automation on war footing. Similarly, Pradhan also asked oil companies to refresh the marketing discipline guideline to avoid undue harassment of dealers. "We are in favour of the initiatives to increase penetration of automated outlets and support the move to implement a daily pricing of fuel," Grewal said

Federation of all India Petroleum Traders call off June 16 strike - Grewal FAIPT Now Petrol, diesel price to be revised at 6 am every day from June 16

NEW DELHI, JUNE 14:  Federation of All India Petroleum Traders (FAIPT) called off their nationwide 'No purchase, No sale' slated for June 16. Briefing reporters after a meeting with pump dealers association, Minister of State (Independent charge) Petroleum and Natural Gas, Dharmendra Pradhan said, "There were some concerns of dealer associations with regards to the daily pricing mechanism. It was decided that the price of petrol and diesel will be revised from 6 am every morning." FAIPT National Secretary and Spokesperson Sukhminderpal Singh Grewal said that  “We are in favour of the initiatives to increase penetration of automated outlets and support the move to implement a daily pricing of fuel.” It's deviation from the existing regime where petrol and diesel prices are revised at midnight. According to Government officials, Dealers were irked by the directive of public sector oil marketing companies to implement a daily fuel price revision of petrol and diesel. The decision to roll out a nationwide dynamic pricing regime was taken after a successful pilot project of the same in five cities of Puducherry, Visakhapatnam, Chandigarh, Jamshedpur and Udaipur

No purchase no sale on 16 June by the petrol pumps of the country - Grewal , FAIPT

New Delhi - 11 June 2017
Federation of All India Petroleum Traders (FAIPT) National Secretary and Spokesperson Sukhminderpal Singh Grewal said that our Hon'ble National President Ashok Badhwar write a letter to Hon’ble Minister for Petroleum & Natural Gas Dharmendra Pradhan informing him about the no purchase no sale on 16th June 2017 by the petrol pumps of the country in protest against the decision of oil marketing companies to change the retail price of petroleum products on daily basis.
Grewal said that certain reports in a section of Media suggest that oil marketing companies are planning to start daily revision of price of petroleum products. If the news is correct then it shall kill the petrol dealers involved in retailing of petroleum products in the entire country in one go.
He said that the oil industry had launched a pilot project in this behalf. Dealers of five cities where it was launched have already burnt their fingers. They are crying at the inventory loss that they have already suffered due the fluctuations in the daily changing prices on the inventory held by them. Minimum that was expected of oil marketing companies was, in all fairness, to have made an objective study on the operations and profitability of retail outlets and then made any informed decision. Sadly nothing of that kind has been done and now this misadventure is going to be implemented in the entire country. Petrol dealers see a dark road ahead of them if such a misinformed decision is put in practice.
FAIPT President write to Hon'ble Minister that he very much aware that 50% of the entire dealership network sells on average 30 kls per month. One tank lorry of 18 Kls lasts most of such small dealers 7 to 10 days. Any such a decision shall wipe out his entire working capital if the prices were to go down frequently.
He said that again there are dealerships where a tank lorry takes two to three days to reach the Retail outlet. In such cases there is a strong possibility that by the time the tank lorry reaches the retail outlet its price might have already reduced leaving the dealer only to cry as he shall be in no position to withstand the loss on its capital erosion due to negative price revision
He said that FAIPT had earlier also written to you that the fortnightly revision of retail price of petroleum products was a decision taken by your learned predecessor Hon'ble Shri Ram Naik after serious deliberations with all partners including Federation of All India Petroleum Traders. If at all any modification in the current system of fortnightly revision of prices is needed then it could at best be changed to weekly revision but revising it daily would ruin the petrol retailers as it would change the character of fuel retailing to that of speculative retailing.
According FAIPT daily revision in prices shall mean that the dealer shall have to be personally present at the retail outlet every night to implement the revised prices of petrol and diesel. It is the ground reality that the new prices , even in a situation when they are changed fortnightly, are communicated by the oil industry much later than 12'o clock in the night. The dealer has to ensure the implementation of new prices in the dispensing units. The net result is that the dealer is forced to stay awake till much later in the night to effect price change. Such effort once in a fortnight is accepted by the dealer as a professional hazard but doing it daily would be beyond the physical competence of all dealers.
He told that further the entire network of PSU oil companies is far from fully automated. So there is no possibility of changing the price in the dispensing units through remote operations. Further the motoring public which has now accepted the fortnightly revision may not find it buyer friendly measure of a new price every single day.
FAIPT President said that they have never believed in giving any kind of strike call but such a measure of daily price revision shall ruin the very existence of Dealers. In a situation such as this, the federation of all India petroleum traders humbly pleads that system of daily revision of petrol prices should be dropped. Dealers of the entire country have unanimously decided that should the decision of daily revision of petrol prices not be shelved, then the dealers shall observe “NO  no favorable response to drop this draconian decision then they shall go on an indefinite “NO PURCHASE NO SALE”  from 24th June, 2017 till such time this decision is annulled. Hopefully such a situation will be prevented with the oil companies appreciating the vulnerability of the dealers to such a daily revision of prices.
Ashok Badhwar said that FAIPT assure Hon'ble Minister of their highest consideration at all times. Now we also do hope that with your kind intervention the oil companies shall be advised not to embark on decision like this which is the last thing which petrol dealers can bear, he said.

BJP's Grewal unearth a scam in selection of Rajeev Mehrotra CMD RITES.

New Delhi ( 09 June 2017) : Sukhminderpal Singh Grewal, National Secretary BJP Kisan Morcha unearth a big scam in selection of Rajeev Mehrotra CMD RITES by UPA Government, Ineligible person illegally appointed to the post. BJP's Farmers Leader,  write al letter to CVC Shri. KV Chaudhry and Hon'ble Railway Minister Shri. Suresh Prabhu that Ineligible person Rajeev Mehrotra has been illegally appointed to the post of CMD RITES and now he is  bringing bad name to the Government by not implementing the current Government Policies and programs. He said that, I had gone deep into the wrongful selection of the CMD RITES Shri Rajeev Mehrotra who was selected by Former Railways Minister C.P.Joshi despite the fact that Mehrotra do not fulfill the basic eligibility requirement. Asper the recruitment rules, CMD RITES must possess the ‘Degree in Engineering or MBA’. But Shri Rajeev Mehrotra is only a ICWA and does not have either of the two essential degrees and is as such totally ineligible for this post.Despite ineligible for the post of CMD RITES, the previous UPA Government corruptly appointed Rajeev Mehrotra to this post violating the selection criteria as is exposed through information sought under RTI Act. Grewal told it is a settled law that an appointment made in violation of eligibility criteria must be declared null and void. Therefore, I impress upon the Hon’ble CVC to follow rule of law and remove Rajeev Mehrotra from the post of CMD RITES immediately so to ensure fair investigations into his illegal appointment. Since his appointment is illegal, all payments and salary given to Rajeev Malhotra since 2010 is illegitimate and loss to public exchequer and so must be recovered from him by CVC without any delay. He said that Former Railways Minister C.P.Joshi at that time personally ensured the selection of Rajeev Mehrotra and in return Rajeev Mehrotra is now working to discredit the present Government Policies and Programs. He said that the personal involvement of Congress Railways Minister C.P.Joshi in the selection of Rajeev Mehrotra can be seen from the fact that the then MD RITES V.K.Aggarwal, an officer of 1974 batch of Indian Railways Engineering service,was suspended on the last day his retirement on 31st Oct 2010 to make way for Rajeev Mehrotra. The circumstances under which Rajeev Mehrotra needs investigations since he does not fulfill the eligibility conditions and his appointment to the post of CMD RITES is illegal and is a case of glaring corruption. Grewal told about CMD Rajeev Mehrotra is earning Rs 46 lakh a year and drawing bonus of Rs 15-20 lakh per year since last 7 years. In addition he is having fully furnished house, free memberships of 2-3 clubs and a number of other benefits.  His financial dealings need to be scrutinized immediately since a large amount of bad debts and doubtful debts have been created beside doubtful payments of huge amounts to consultants, direct purchases made under CSR though prohibited under law and illegitimate gifts and gift amounts to railways officials in contraventions to Government Policies. He said that he has written a letter to K.V.Chowdhary Hon’ble Chief Vigilance Commissioner,  Narendra Modi ji, Hon’ble Prime Minister, Government of India, Arun Jaitley Ji, Hon’ble Finance Minister, Defense, Corporate Affairs, Dr. Jitendra Singh Ji, Hon’ble Minister for DOPT, New Delhi and  Ajit Doval Ji, Hon’ble National Security Advisor about this scam, about the CMD RITES and now he is bringing bad name to the Government by not implementing Policies and programs, the current Narendra Modi's Government