Nagpur: The All India Nayara Dealers Association has launched a nationwide protest demanding a long-overdue revision of dealer margins, a decision pending for the last eight years. The protest stems from what the dealers describe as unfulfilled commitments by Nayara Energy Ltd., despite repeated assurances from its top officials and adherence to Ministry of Petroleum and Natural Gas (MOPNG) guidelines.
According to the association’s secretary, Rohit Jamtani, from Nagpur, the dealers have been left with no choice but to escalate the issue. Jamtani highlighted that Nayara Energy has failed to act on the October 30, 2024, announcement by Petroleum Minister Hardeep Singh Puri, who declared an upward revision in dealer margins to ensure better services for customers and business sustainability. While major oil companies, including IOCL, BPCL, and HPCL, implemented the revised margins promptly, Nayara Energy has not followed suit.
Unfulfilled Assurances by Nayara Energy:
Jamtani pointed out that Nayara Energy officials had repeatedly assured dealers of swift action, yet no progress has been made. A crucial meeting on December 4, 2024, between the All India Nayara Dealers Association and the top management of Nayara Energy resulted in promises of implementing revised margins by January 5, 2025. However, as of January 15, 2025, no action has been taken, with the company allegedly ignoring multiple follow-ups from the association.
Nationwide Protests:
In response, Nayara dealers have planned coordinated protests at all zonal and divisional offices of Nayara Energy across India. The association has called on the media to shed light on their plight and expose Nayara Energy’s alleged disregard for MOPNG’s guidelines.
The dealers argue that revising margins is essential for maintaining customer services and sustaining their operations. They emphasize that this revision has been pending since 2017, leaving them struggling to manage their businesses effectively.
Demands for Immediate Action:
The association has urged Nayara Energy to act promptly to address their grievances and avoid further escalation. The protest aims to highlight the importance of fair margins in ensuring the viability of fuel dealerships and sustaining customer service standards nationwide.
