Close X
Saturday, November 2, 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

IMD warns of bone-chilling cold wave in North India, dense fog for 5 days

IMD warns of bone-chilling cold wave in North India, dense fog for 5 days
There seems to be no immediate respite from the bone-chilling cold wave and fog which will continue for the next few days, said the India Meteorological Department (IMD) on Friday. The IMD said the cold wave to severe cold wave conditions are likely over North India during the next two days while cold day to severe day wave conditions are likely over the plains of Northwest India during the next three days and then the conditions will abate thereafter.  

IMD warns of bone-chilling cold wave in North India, dense fog for 5 days

Akali Dal reserves 33% seats for women in Assembly, Lok Sabha polls

Akali Dal reserves 33% seats for women in Assembly, Lok Sabha polls
Addressing the first all-women conference at the Maghi Mela in Muktsar Sahib, he said, “The SAD is also committed to giving a boost to all social welfare initiatives concerning womenfolk once we come to power in the state.” He said the ‘Shagun’ scheme, which was discontinued by the AAP Government, would be revived.

Akali Dal reserves 33% seats for women in Assembly, Lok Sabha polls

5 arrested in Rs 56K cr bank fraud case linked to Bhushan Steel sent to ED custody

5 arrested in Rs 56K cr bank fraud case linked to Bhushan Steel sent to ED custody
A Delhi court has sent five individuals arrested in connection with an alleged Rs 56,000 crore bank loan fraud related to Bhushan Steel Ltd (BSL) to ED custody. Special Judge Rajesh Kumar Goel of Rouse Avenue Court sent Ajay S. Mittal and Archana Mittal to ED custody until January 14, and Nitin Johri, Pankaj Kumar, and Pankaj Kumar Tiwari until January 15.

5 arrested in Rs 56K cr bank fraud case linked to Bhushan Steel sent to ED custody

Punjab cop thrown up in air after hit by car, incident caught on CCTV

Punjab cop thrown up in air after hit by car, incident caught on CCTV
A Punjab Police officer was grievously injured after being hit by a speeding car near a checkpost in Punjab’s Jalandhar. The incident was caught on surveillance cameras.

Punjab cop thrown up in air after hit by car, incident caught on CCTV

Over 20 students fall unconscious in Bihar school as gas leaks from Chemistry lab

Over 20 students fall unconscious in Bihar school as gas leaks from Chemistry lab
Over 20 students on Friday fell unconscious at a school in Bihar's Munger district following gas leakage from the Chemistry lab, an official said. The incident happened at Notre-Dame Academy in Munger city.  

Over 20 students fall unconscious in Bihar school as gas leaks from Chemistry lab

Smriti Irani slams Cong for turning down invitation to attend Ram Mandir inauguration

Smriti Irani slams Cong for turning down invitation to attend Ram Mandir inauguration
BJP leader Smriti Irani on Wednesday slammed the Congress for turning down the invitation to attend the Ram Mandir inauguration on January 22. The Shri Ram Janmabhoomi Teerth Kshetra had invited leaders from various political parties for the inauguration ceremony of Ram Mandir on January 22. The invitation was also send to Congress leaders Sonia Gandhi, Mallikarjun Kharge, and Adir Ranjan Choudhary  

Smriti Irani slams Cong for turning down invitation to attend Ram Mandir inauguration