Pradhan asks OMCs to expedite allotment of outlets to SC, ST candidates

As part of the strategy, oil marketing companies allocate 22.5 percent of the new retail outlets to SC and ST candidates

GN Bureau | February 14, 2017


#oil companies   #BPCL   #IOCL   #HPCL   #PSU   #Dharmendra Pradhan  
After finding oil marketing companies (OMCs) lagging behind in meeting their targets, petroleum minister, Dharmendra Pradhan has asked OMCs to step up efforts to allot more retail outlets (ROs) to SC and ST candidates.
 
During the meeting it was found that there was a huge shortfall with respect to meeting social commitments of the OMCs. After being asked to intensify efforts to benefit SC/ST people, the OMCs have initiated procuring land from various state governments to be exclusively used for facilitating establishment of retail outlets by the SC/ST candidates.  
 
Notably, OMCs like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have a laid-down policy for promoting social inclusion and economic empowerment of the weaker sections. As part of the strategy, the OMCs allocate 22.5 percent of the new retail outlets to SC and ST candidates. That apart, OMCs also have a well laid-down framework for allotting existing retail outlets to such candidates through divestment of company owned temporary retail outlets.
 
Pradhan also asked the OMCs to expedite selection process of SC/ST locations. For such applicants, additional time has been allowed to submit land to the OMCs for consideration of their applications for retail outlets.
 
It was also observed that there was large number of letter of intent (LoI) holders who were awaiting allotment of retail outlets which is primarily done by divesting the temporary company owned ROs.  The LoI holders since 2004, belonging to SC/ST community were also awaiting such allotment. A special drive has been initiated to expedite the process of handing over ROs to such candidates.
 
Around 600 such retail outlets have been identified across the country. It is likely to benefit more than 500 SC/ST candidates, widows and unmarried women without earning parents. This will provide necessary employment opportunity along with economic empowerment.
 

Comments

 

Other News

Maharashtra to spend Rs 2,500 crore to augment, develop power infrastructure

The Maharashtra government has announced a spending of Rs 2,500 crore annually to develop infrastructure of state-owned distribution company Mahavitaran (MSEDCL).   Out of the total amount, Rs 1,500 crore will be spent on energisation of conventional agriculture pumps and Rs 1,000 crore

Launched: Largest vaccination drive in history

India on Saturday began the massive vaccination drive against Covid-19, as prime minister Narendra Modi paid tributes the ‘corona warriors’. “Such a vaccination drive at such a massive scale was never conducted in history. There are over 100 countries having less than 3 cro

"TV not in business of news; it is in the business of polarisation”

Television news these days has a loose relationship with truth, says senior journalist, columnist and author Vir Sanghvi, adding that it is not telling the truth and polarising opinions. In a live webcast with Kailashnath Adhikari, MD, Governance Now, during the Visionary Talk series held by

How the colonial rulers combated “this insidious and growing danger” of dust and smoke

Dust and Smoke: Air Pollution and Colonial Urbanism: India, c. 1860-1940 By Awadhendra Sharan Orient BlackSwan, xxiv+320 pages, Rs 795 Air pollu

Unlocking the value of renewable energy assets through InVITs in India

India has been witnessing a sluggish demand growth for power amidst COVID-19. It has affected both thermal as well as renewable energy (RE) sector. While thermal sector (coal) plant load factor (PLF) is coming down continuously amidst no new generation building up, renewable energy held its ground through

“Proposed power amendments anti- people, favor licensees”

Maharashtra Veej Grahak Sanghatana, a state-level coordination committee of industrial associations and power consumers, has approached the state government for urgent intervention on key concerns after Maharashtra Electricity Regulatory Commission on December 9 published the draft of the MERC (Electricity

Visionary Talk with Vir Sanghvi On the future of News Journalism





Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter