(a) whether the disinvestment of certain oil companies like IBP adversely affect the business of their retail dealers ; and
(b) if so, the measures taken by the Government to protect the interests of the retail dealers of IBP ?
(a) whether the disinvestment of certain oil companies like IBP adversely affect the business of their retail dealers ; and
(b) if so, the measures taken by the Government to protect the interests of the retail dealers of IBP ?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI SANTOSH KUMAR GANGWAR)
(a) and (b) : No, Sir. IBP`s take over by Indian Oil Corporation Limited (IOCL) has provided additional product security to IBP dealers because of excellent infrastructure network available with IOC.