Just running a petrol pump doesn’t pay much
Chennai,
october 17
Mylapore,
allegations of favouritism in alloting petrol bunks and the continuing
disruption in parliament, talk to a across-section of petrol dealers and all of
them are unanimous in their view that business is difficult, competition
intense and profit margins tights.
A
chennai dealer, who has been in the business for a few decades, answer without
any hesitation that it is quite common to aduterate petrol with diesel and kerosene,
because of which the profit margins are much higher.
Chennai,
Mylapore petrol bunks were totally shut down the reason behind is the owner
could’nt able to pay the debt which they have taken loan from the bank, and the
dealer could not run well.
According
to the dealers, profit from selling petrol and diesel is hardly anything to
talk of. The dealers get the commision one paise per rupee of the price of
petrol or diesel.
The
petrol bunks which they have build and open for the past years could not able
to run because of the loan and does’nt work well. So, unfortunately they have
to shut down the bunks.
According
to some dealers, the convenience stores that have been set up in most petrol
bunks do not bring them any major income while they have to spend a lot on
air-conditioning and posting a sales persons.
The
dealers expenditure includes paying salaries for the attendants in the bunks,
their uniforms and electricity charges. The owner of the bunk is in crisis from
few years. He says that “the maintainance of the bunk isn’t that easy. It needs
a lot of concentration and labour. The investment on this bunk lead me to the
debts.so without any choice I had to shutdown the bunk.”
As the
bunk was in debts the labours who worked there did not show up because of the
insufficient salary they were given.
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