Petrol pump owners bear brunt of EC cap on carrying cash

Guwahati: With the style code of conduct implementing a prohibition on carrying of cash above Rs 50,000, petrol pump owners across Guwahati are in a troublesome state of affairs now. Owners say that on an average, transactions amounting to Rs 10-15 lakh — maximum of which is in coins — takes place in each petrol pump within the town. This has put them in troubled water as a result of, owners say, as their cash-carrying vehicles are steadily being stopped and checked by flying squads who're on responsibility to monitor unlawful poll expenditure.
Recently, coins amounting to Rs 25.11 lakh was once seized from a petroleum dealer while his man was once carrying coins above Rs 50,000 within the town.

“As we mostly deal in coins in petrol pumps, it’s evident that each filling station within the town collects around Rs 15 lakh in coins on an average every day. However, since there's a restriction on carrying coins above Rs 50,000 now, we face constant hindrance from the flying squads,” mentioned Rajib Goswami, president of the greater Guwahati unit of the North East India Petroleum Dealers’ Association. Around 80 petrol pumps in greater Guwahati are affiliated to the affiliation.


Though the petrol pump owners have were given a short lived reduction from the deadlock after a gathering with the Kamrup (Metropolitan) district administration on Thursday, flying squads stay reminding them of the importance of going for cashless transactions. “After a gathering with the district administration, we've got been asked to move out for depositing coins in banks most effective after giving prior intimation to the concerned election authority within the district. The proprietors of the petrol pumps should ship qualified paperwork to the cash carriers, verifying the genuineness of the cash so that the election authorities may give a green signal,” added Goswami.


Despite the Modi government ceaselessly encouraging other folks to move for more and more cashless transactions, maximum shoppers nonetheless like to deal in coins in petrol pumps within the town. The affiliation has appealed to shoppers to utilize their payment cards and move cashless to offer reduction to the petroleum sellers until elections are over.


Nityananda Biswas, a client from Chandrapur house of the town, feels that going cashless isn't a troublesome process, provided the federal government carries out large awareness campaigns on virtual literacy. “I have been the usage of a debit card for filling petrol for a 12 months now. It’s easy and hassle-free. But lots of my kin nonetheless like to deal in coins. Hopefully, if the federal government carries out a sensitization programme on a large-scale, this mindset among shoppers will alternate,” he mentioned.


Petrol pump owners bear brunt of EC cap on carrying cash Petrol pump owners bear brunt of EC cap on carrying cash Reviewed by Kailash on April 20, 2019 Rating: 5
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