TODAY -
SK Oil price more than tripled
Source: The Sangai Express
Imphal, June 15 2020:
Even as SK Oil is priced at Rs 13.76 per litre at IOCL's Malom depot, rationing agents have been selling the oil at Rs 45 per litre.
SK Oil was sold at a place very close to Khwairamband Keithel from 3.30 pm to 5 pm for four days from last Thursday to Sunday at the rate of Rs 45 per litre.
Notably, IOCL has been providing SK Oil to CAF&PD Department at Rs 13.76 per litre and it includes Central tax of Rs 2.50 and State tax of Rs 2.50 .
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Moreover, this price of Rs 13.76 is inclusive of the transportation charge from Malom depot to retail outlets but it does not include the charge of transporting the oil from retail outlets to rationing agents and service charge (margin) of rationing agents.
The transportation charge from retail outlets to rationing agents and the agents' margin are fixed by CAF&PD Department.
But selling SK Oil to public at Rs 45 per litre which is provided by IOCL to CAF&PD Department at Rs 13.76 is too much even after adding transportation charge from ROs to rationing agents and the agents' margin.
The charge of transporting SK Oil from Malom depot to ROs located at Ukhrul is just about 10 paise per litre.
At the same time, agents' margin could not be Rs 5 per litre.
All attempts of this reporter to talk about the matter with CAF&PD officials proved futile.
The State's allocation of SK Oil for three months is 2928 Kl .
The State Govt has been continuously obtaining the same allocation of SK Oil which should be distributed to public under the public distribution system but different quarters have raised some serious questions about where, who and to whom SK oil is distributed.
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