Petroleum Ministry considering home-delivery of fuel
What's the story
Taking to Twitter, the Ministry of Petroleum stated that the government is considering a plan for the home delivery of petroleum products if consumers make a pre-booking. The Ministry added that they were considering the move as they sought to help customers to "avoid spending excessive time at fuel stations." The date of the roll-out of this feature is yet to be decided.
Details
Some details of the scheme
According to information available, the scheme seeks to give a boost to digital payments as pre-bookings would have to be made online. India is the world's third largest oil consumer and 350 million people come to fuel stations daily, spending $387.00 million annually at these pumps. This could also be an incentive to circumvent the daily price revision set to commence from 1 May.
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Oil companies promoting digital payments
Oil companies have been aggressively promoting digital payments in India after the demonetization scheme. Several even offer 0.75% discounts on e-payments. Over 38,128 petrol pumps now accept digital payments.