Oil PSUs raise commissions for petrol pump dealers by up to 43%
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. State-owned Indian Oil Corp. 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.