How to Start Petrol Pump in 2020

1. How to Start Petrol Pump in 2020 When you are interested in starting a petrol pump business in India, then it is quite a golden opportunity for you. In India, the petrol pump companies have set the primary target of opening more than 65000 petrol pumps by this year. In recent years, the number of petrol pumps in India has widely increased a lot, and there has been many businessmen interested in opening the petrol pump. When you do not know what the procedure involved are or how to open a petrol pump, then here is your opportunity to get more detailed information. The government of India has set specific rules and regulations for ensuring complete transparency with the allocation of petrol pumps in India. Usually, there are two rounds involved with the selection of the petrol pumps, and authorization will be made accordingly. When qualified in the first round, then he or she would be allowed to take part in the next round. Some of the major companies are the Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and more. These are considered as the most important petrol and diesel selling companies in India. These major companies would especially allocate the petrol pumps for the dealers in India and sell petrol and diesel. What Is The Eligibility For Starting Petrol Pump In India? Before starting the petrol pump, it is important to analyze whether he or she is eligible for starting the petrol pump in India. There are various criteria set to ensure that the person qualifies for starting the petrol pump in the authorized aspects. New eligibility criteria are set by the government of India to ensure transparency in every licensing process for opening the

2. petrol pump. Based on the new procedure, when you pass the first stage of pre-requisite qualification criteria, then it is easier to apply for the second or the final phase. Some of the basic eligibility criteria for starting the petrol pumps are ▪The Applicant needs to be an Indian citizen ▪When the Applicant is the Non-Resident Indian i.e., NRI, then he or she needs to live in India for at least 180 days. ▪Applicant must have completed 10th or 12th standard in the valid board exams in India ▪Age should be between 21 to 55 years ▪Applicants from the freedom fighters category will be exempted The Applicant needs to fulfill the complete eligibility criteria for starting the petrol pump. The Applicant needs to have the correct proof of the age so that the Applicant needs to enclose the 10th mark sheet photocopy. An applicant who belongs to the SC / ST / OBC category and is residing in the village needs to pass the 10th standard, and the general category needs to pass the 12th standard.