India lifts restrictions that have limited how industrial and commercial buyers can purchase petrol and diesel from retail outlets, with the change coming into effect on July 1, according to reports. Earlier, the central government had barred industrial and commercial consumers from buying petrol and diesel from retail stations. The move was aimed at preventing local fuel shortages. In addition to the purchase ban, the government had also imposed limits on daily diesel purchases for certain users, restricting how much diesel could be bought each day from retail outlets. With the July 1 notification, those restrictions are removed, allowing commercial and industrial fuel buyers to resume purchasing petrol and diesel through retail channels under the updated rules. The reports describe the earlier step as a temporary measure to manage supply and reduce the risk of shortages at the local level.
India lifts restrictions on petrol and diesel sales from July 1
India lifts restrictions that have limited how industrial and commercial buyers can purchase petrol and diesel from retail outlets, with the change coming into effect on July 1, according to reports....
- The centre lifts restrictions on petrol and diesel sales from July 1.
- Earlier, industrial and commercial consumers were barred from buying petrol and diesel from retail outlets.
- The earlier restrictions included caps on daily diesel purchases.
- The measures are described as intended to prevent local fuel shortages.
- Post-July 1, industrial and commercial buyers can purchase petrol and diesel from retail stations under the revised framework.
Earlier this month, the Government had barred industrial and commercial consumers from purchasing petrol and diesel from retail outlets
2 months agoGovernment had barred commercial fuel buyers from purchasing petrol and diesel from retail stations and capped daily diesel purchases to prevent local shortages
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