Press Trust of India

Agri credit societies allowed converting wholesale petrol pumps into retail outlets

Decrease Font Size Increase Font Size Text Size Print This Page

New Delhi: In a major step to strengthen cooperatives, the government on Wednesday said the Primary Agricultural Credit Societies (PACS) having wholesale petrol and diesel dealership licence will be given a one-time option to covert their bulk consumer pumps into retail outlets.

PACS will be given priority in allotment of new petrol/diesel dealerships to strengthen the cooperative movement in the country. PACS will also be able to get LPG distributorship.

These decision were taken in a meeting held by Cooperation Minister Amit Shah with Petroleum and Natural Gas Minister Hardeep Singh Puri here, an official statement said.

Among other decisions, sugar cooperative mills will be given priority to sell ethanol under the ethanol blending programme, and even PACS will be allowed to operate retail outlets on their own.

“The petroleum ministry will also change the rules to make PACS eligible for LPG distributorship and PACS will be placed under Combined Category 2 (CC 2) category with freedom fighters and sports quota in allotment of new petrol/diesel dealerships,” the statement added.


Press Trust of India

Press Trust of India is lead news agency of India

Leave a Reply

Your email address will not be published. Required fields are marked *