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Business News » India News

Big gift from Modi government! Paperless licensing for petroleum service stations launched

It's a big gift from PM Narendra Modi-led government in terms of the vision of 'Digital India' and 'Ease of Doing Business' towards paperless and green India that will provide simpler mechanism, ease of living and business to the petroleum road tanker owners.

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Big gift from Modi government! Paperless licensing for petroleum service stations launched
This initiative for petroleum pump licensing is directly going to benefit more than 70,000 petroleum pump owners and oil marketing companies under the Petroleum Rules, 2002. Photos from Reuters.
Written By: Prashant Singh
Updated: Mon, Jan 20, 2020
07:31 pm
ZeeBiz WebDesk
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It's a big gift from PM Narendra Modi-led government in terms of the vision of 'Digital India' and 'Ease of Doing Business' towards paperless and green India that will provide simpler mechanism, ease of living and business to the petroleum road tanker owners.

PAPERLESS LICENSING

In a major development, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has launched paperless licensing process through Petroleum and Explosives Safety Organisation (PESO) for petroleum service stations (retail outlets storing and dispensing petrol/diesel for motor conveyances) under the Petroleum Rules, 2002.

GRANT OF LICENSE

-Paperless application and grant of license process for road tankers for transportation of petroleum under the Petroleum Rules has been launched on 7th January, 2020. 

-After the launch of paperless process, more than 300 licences have been issued, as per a statement by PIB.

-Taken together, licences for petroleum service stations and road tankers for transportation of petroleum account for more than 85% of total licences under the Petroleum Rules, 2002.

BENEFITS

-This initiative for petroleum pump licensing is directly going to benefit more than 70,000 petroleum pump owners and oil marketing companies under the Petroleum Rules, 2002. 

-An added advantage of this move is that the authenticity of the license may be verified on PESO’s website https://peso.gov.in/index.aspx. 

-This automation will greatly benefit the petroleum and gas industry.

PROCESS

-The process will include filing the applications online, online payment of fees which will go directly to the concerned officer’s ID without any manual interface. 

-Applicants, at each stage of processing of the application, will be intimated via SMS and email, in case of discrepancy or grant of license or approval. 

- These details will also be reflected in the applicant’s profile. 

- The entire process will not require any printing and physical dispatch of license. 

- The license will be dispatched electronically.

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TAGS:
Narendra ModiPetrol pumpsPetrol Pump dealers
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