1% transaction fee: Petrol bunks to stop accepting cards from tonight

January 8, 2017

Jan 8: The petrol bunks across the country will stop accepting debit cards and credit cards for filling fuel from midnight on Sunday as banks will now debit a Merchant Discount Rate of 1 per cent from petroleum dealers, said President of All India Petroleum Dealers Association Ajay Bansal.

cardTalking to reporters after a two-day State-level convention of petroleum dealers here on Sunday, Mr. Bansal said each petroleum dealer was operating with a profit margin of 2 per cent.

On Saturday, banks referred to the Reserve Bank of India notification dated December 16 and said an MDR ranging between between 0.25 and 1 per cent will be deducted for each debit card transaction. An MDR of 1 per cent will be deducted for each credit card transaction.

“We are operating on a very thin margin. We cannot afford this deduction. Hence we have no other go than stop accepting debit and credit cards,” Mr. Bansal said. When pointed that the dealers are going against government directions, Mr. Bansal said they have no other option. Mr. Bansal said the decision to stop accepting debit and credit cards had been conveyed to Petroleum Ministry and Finance Ministry officials, he said.

Paytm and BHIM

Mr. Bansal said petroleum dealers will however accept payments through Paytm and Bhim apps. “But we have to stop accepting Paytm if they impose charge for each transaction,” he said. There are as many as 28,000 petrol bunks where Paytm was being accepted.

Mr. Bansal said the petroleum dealers are in favour of Central Government's move towards cashless transactions. “But we cannot afford to pay from our margin. We want our profit margin (of 2 per cent) intact,” he said.

Comments

Wonder Kotian
 - 
Monday, 9 Jan 2017

Wa master mind success, Fantastic \ cash less is not better than card less\" our great Anna!!!!!
\"While two fighting opponent fall down even he says my noose upside\" like all our great annaas say !!!!!!!
\" Now not wait and see, now wait and watch\""

Althaf
 - 
Sunday, 8 Jan 2017

Fenku ki tho Aisi ki taisi

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May 11,2020

Bengaluru, May 11: Janata Dal (Secular) leader HD Kumaraswamy on Monday asked Chief Minister BS Yediyurappa to urge PM Narendra Modi to give a 'COVID Package' to Karnataka.

In a series of tweets, Kumaraswamy said that Yediyurappa should raise the demand during the course of the meeting scheduled to be held today with the PM, which will also be attended by Chief Ministers of other states.

"Prime Minister Narendra Modi will hold talks with CMs from different states on coronavirus control and lockdown today. The state's CM BS Yediyurappa will also be in it. At this meeting, BSY should urge Modi to offer a 'COVID Package' to the state," Kumaraswamy's tweet, roughly translated in English from Kannada, read.

In subsequent tweets, the JDS leader said that, "The central government has set up a PM Cares Fund for the fight against Corona. As MPs, entrepreneurs and citizens have made generous donations. BSY must convince Modi that the state has not received adequate financial support from the Center so far."

He further said that the package could be utilised for "medical procedures", "financial compensation for the affected people."

Kumaraswamy also said that "In addition to the 'COVID Package', other dues from the Center, including GST dues, flood relief, etc should also be asked for by BS Yediyurappa at the meeting with Modi."

PM Narendra Modi will hold a meeting, through video conference, with state Chief Ministers on Monday at 3 pm to discuss the prevailing COVID-19 situation in the country.

The Prime Minister had earlier interacted with Chief Ministers four times over the COVID-19 situation via video conferencing.

The upcoming interaction comes days ahead of the scheduled ending of the nationwide lockdown.

The ongoing lockdown, which was imposed to contain the spread of coronavirus, is scheduled to end on May 17.

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News Network
February 22,2020

Bengaluru, Feb 22: Karnataka legislative assembly speaker Vishweshwar Hegde Kageri has issued a notification banning entry of journalists in the Legislators House.

"Electronic media and print media cannot enter the Legislators House any time," the notification issued by the Speaker's office read.

The notification which was issued on February 18 said, "The legislators come to Legislators House from their constituencies during the assembly session. It is their private time when they stay there. When journalists come to Legislators House to meet them, it's an invasion of their privacy."

"Arrangements will be made for journalists to speak to MLAs outside the gate. No journalist or camera person will be allowed inside the gate," the notification added.

The Legislators House is located near the Vidhan Soudha, the state legislative assembly.

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News Network
March 23,2020

Bengaluru, Mar 23: Karnataka Home Minister Basavaraj Bommai had warned those who chose to defy the lockdown order clamped in nine districts, to prevent the spread of the dreaded COVID-19 virus in the state. 

Speaking to newsmen, he said, "We have ordered for a lockdown in nine districts in the state to prevent the spread of the coronavirus and issued guidelines to follow it."

The nine COVID-19-affected districts are Bengaluru, Bengaluru Rural, Mysuru, Kodagu, Dakshina Kannada (Mangaluru), Dharwad, Belagavi, Kalaburgi and Chikkablapur.

According to Mr. Bommai, the State government will put in place further measures next week depending on how the situation will unfold in the State and the neighbouring States.

"Government offices will be operational in the State, including in the nine COVID 19-affected districts. As per the current schedule, the legislature sessions will also continue. Pourakarmikas will be working at 50% strength," he added.

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