Close X
Friday, November 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

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar
More than 30 people from Dedadra village in Gujarat's Surendranagar were hospitalised after suffering from food poisoning, reportedly caused by consuming 'prasad' at a local event. The attendees on Thursday night experienced severe symptoms, including vomiting and diarrhoea, shortly after consuming the offering.

Over 30 hospitalised due to suspected food poisoning in Gujarat's Surendranagar

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure
The ED initiated an investigation on the basis of an FIR dated October 2 registered by Delhi Police against 4 persons namely Tushar Goel, Himanshu Kumar, Aurangzeb Siddiqui and Bharat Kumar.

ED conducts search operations in Delhi, Mumbai in connection with drugs seizure

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt
West Bengal Chief Secretary Manoj Pant sent an email to the West Bengal Junior Doctors' Front (WBJDF) late on Friday, with a status update on the initiatives undertaken by the state Health Department at different medical colleges & hospitals in the state in wake of the ghastly rape and murder of a junior doctor of R.G. Kar Medical College & Hospital in Kolkata in August.

RG Kar protests: Bengal Chief Secy sends email to WBJDF listing measures taken by state govt

In Laos, PM Modi presents 10-point plan to strengthen ASEAN-India Comprehensive Partnership

In Laos, PM Modi presents 10-point plan to strengthen ASEAN-India Comprehensive Partnership
During the Summit, Prime Minister Modi announced a 10-point plan to strengthen connectivity and resilience based on Laos' theme as the 2024 ASEAN Chair and in celebration of 10 years of the 'Act East' policy.

In Laos, PM Modi presents 10-point plan to strengthen ASEAN-India Comprehensive Partnership

Cancel panchayat elections in Punjab: Sukhbir Badal

Cancel panchayat elections in Punjab: Sukhbir Badal
Addressing a protest in front of the SDM office in Gidderbaha town, the SAD President appealed to all applicants whose candidature for the panchayat elections was rejected by the ruling Aam Aadmi Party (AAP) dispensation on one pretext or another to approach the party's legal cell or submit their complaints at party offices so that they could be taken up for redressal in the high court.

Cancel panchayat elections in Punjab: Sukhbir Badal

President Murmu extends Durga Puja greetings to nation

President Murmu extends Durga Puja greetings to nation
President Droupadi Murmu on Thursday extended Durga Puja greetings to the nation, stating that the festival is an occasion to fully devote ourselves to Goddess Durga and promote unity and understanding among all religions.

President Murmu extends Durga Puja greetings to nation