Close X
Sunday, December 22, 2024
ADVT 
India

Petroleum Minister Hardeep Puri hails OMCs' moves aimed at reducing fuel prices

Darpan News Desk IANS, 29 Oct, 2024 01:17 PM
  • Petroleum Minister Hardeep Puri hails OMCs' moves aimed at reducing fuel prices

New Delhi, Oct 29 (IANS) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday welcomed the key announcements made by the Oil Manufacturing Companies (OMCs) aimed at reducing the prices of petrol and diesel to benefit the consumers residing in the far-flung and remote areas of the country.

The Union Minister said that "on the auspicious occasion of Dhanteras, a big gift given by oil companies to petrol pump dealers is heartily welcomed!"

"The demand that was going on for 7 years has been fulfilled! This reflects Prime Minister Narendra Modi’s vision to bring even far-flung areas at par with the rest of the country in terms of facilities to our citizens, such as the North East Region which is connected with world-class road, air and rail infrastructure," he said.

Hardeep Singh Puri added that the consumers will get better services but there will be no increase in the prices of petrol and diesel.

He said that also a major decision by the oil companies to rationalise inter-state freight movements to benefit consumers located in remote locations far from the petrol and diesel depots of oil marketing companies, adding that it will make petrol and diesel cheaper for consumers in many places.

“For example, in Kunanpally & Kalimela in Odisha's Malkangiri petrol price will reduce by Rs 4.69 & Rs 4.55; and Diesel price will reduce by Rs 4.45 & Rs 4.32, respectively.

"Similarly, price will reduce by Rs 2.09 in petrol price and Rs 2.02 in diesel price in Chhattisgarh's Sukma,” the Union Minister said.

He pointed out that the dealer commission increase will better services to approximately 7 crore citizens "who visit our fuel retail outlets in the country everyday, without increasing fuel prices".

The Union Minister said that the fulfillment of this demand pending for the last 7 years will bring joy and happiness in the lives of Petrol Pump Dealers and nearly 10 lakh staff working at more than 83,000 petrol pumps across the country.

"The way for these historic decisions was paved by positive decisions taken by Modi government and all the Petrol Dealers Associations who came together in our meetings during the last few months and agreed to withdraw all the pending court cases pertaining to issues related to Marketing Discipline Guidelines (MDGs)," the Union Minister said.

Earlier, taking to X, Indian Oil Corp Ltd wrote: "#IndianOil is pleased to announce a revision in the dealer margins (effective from 30th October 2024), following the resolution of a pending litigation. This will have no additional impact on the Retail Selling Price of products. This will further strengthen our collective resolve in enhancing customer service standards and the welfare of staff employed in retail outlets."

“Further, demonstrating the core value of Nation First, our endeavour to provide affordable petrol and diesel across the length and breadth of country on sustained basis has come to fruition. #IndianOil has undertaken intrastate rationalisation of freight which will reduce variation of retail selling price of product across various markets within a state, except in geographies where Model Code of Conduct is in place. Happy festivities!" the Indian Oil added.

MORE India ARTICLES

India accounts for 26 pc of global TB burden, the highest: WHO

India accounts for 26 pc of global TB burden, the highest: WHO
The Global Tuberculosis Report 2024 showed that India is the highest among the 30 high-burden countries -- Indonesia (10 per cent), China (6.8 per cent), the Philippines (6.8 per cent) and Pakistan (6.3 per cent) -- which together accounted for 56 per cent of the global TB burden.

India accounts for 26 pc of global TB burden, the highest: WHO

RG Kar case: Legal notice filed against junior doctor over ‘notorious criminal’ remarks

RG Kar case: Legal notice filed against junior doctor over ‘notorious criminal’ remarks
When the Chief Minister, at the meeting, questioned how the college council of R.G. Kar could suspend so many doctors without the consent of the state health department, Mahato countered her and said that the disciplinary committee suspended these doctors after a proper and thorough investigation.

RG Kar case: Legal notice filed against junior doctor over ‘notorious criminal’ remarks

Farmers in Punjab block highways in protest against ‘tardy’ paddy procurement

Farmers in Punjab block highways in protest against ‘tardy’ paddy procurement
Activists of the Samyukta Kisan Morcha (SKM), a farmer outfit, on Friday blocked roads across Punjab for four hours to protest the tardy paddy procurement, leading to traffic disruptions and inconvenience to tens of thousands of commuters at many places. However, there was no report of violence from anywhere in both the state.

Farmers in Punjab block highways in protest against ‘tardy’ paddy procurement

Drugs worth Rs 1.5 crore seized in Bengaluru, African national arrested

Drugs worth Rs 1.5 crore seized in Bengaluru, African national arrested
With the arrest of an African national, the Narcotics Control Unit of the Central Crime Branch (CCB) in Bengaluru has busted a drug racket. The police have seized 1.3 kgs of MDMA drugs worth Rs 1.5 crore in Bengaluru.

Drugs worth Rs 1.5 crore seized in Bengaluru, African national arrested

Will apprise PM Modi about ‘tardy’ paddy procurement in Punjab: Amarinder Singh

Will apprise PM Modi about ‘tardy’ paddy procurement in Punjab: Amarinder Singh
Promising to meet Prime Minister Narendra Modi and Home Minister Amit Shah to resolve the issue of “tardy” paddy procurement, two-time Punjab Chief Minister and senior BJP leader Capt Amarinder Singh on Friday visited Asia's largest grain market in Khanna to assess the ground situation and met with farmers, “arthiyas” (commission agents) and labourers.

Will apprise PM Modi about ‘tardy’ paddy procurement in Punjab: Amarinder Singh

Arvind Kejriwal attacked during campaign in Delhi’s Vikaspuri, claims AAP

Arvind Kejriwal attacked during campaign in Delhi’s Vikaspuri, claims AAP
Delhi's ruling Aam Aadmi Party (AAP) on Friday claimed that their national convenor Arvind Kejriwal was attacked during the ‘Jan Sampark Abhiyan’ campaign in the Vikaspuri area of Delhi. He added that this is what the BJP is struggling to accept and today, BJP-affiliated individuals attempted to attack Arvind Kejriwal.

Arvind Kejriwal attacked during campaign in Delhi’s Vikaspuri, claims AAP

PrevNext