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

Akali Dal seeks CBI probe into molestation of girls in Punjab school

Akali Dal seeks CBI probe into molestation of girls in Punjab school
In a statement here, Majithia said in case, Chief Minister Bhagwant Mann did not dismiss the Education Minister immediately, it would be surmised that he was siding with the perpetrator behind the heinous act instead of the victims and their parents.

Akali Dal seeks CBI probe into molestation of girls in Punjab school

Delhi: Man arrested for duping over 40 people on pretext of providing flats

Delhi: Man arrested for duping over 40 people on pretext of providing flats
Delhi Police's Economic Offences Wing (EOW) has arrested a 38-year-old man for allegedly duping over 40 people on pretext of providing flats and misappropriating funds of more than Rs five crores, an official said on Tuesday. The accused was identified as Pradeep Sehrawat, a resident of sector-23 Dwarka , was also found involved six other cheating cases with similar modus operandi.  

Delhi: Man arrested for duping over 40 people on pretext of providing flats

Our only goal is to double the income of farmers: Raj farm min

Our only goal is to double the income of farmers: Raj farm min
State Agriculture and Horticulture Minister, Dr Kirodi Lal Meena, on Tuesday directed officials to adopt innovations in the field of agriculture for doubling the income of farmers. These innovations will increase production, which in turn will strengthen the economic condition of the farmers, he said.  

Our only goal is to double the income of farmers: Raj farm min

Punjab Cabinet sub-committee supports transporters on new hit-and-run law

Punjab Cabinet sub-committee supports transporters on new hit-and-run law
A Punjab Cabinet sub-committee, comprising Finance Minister Harpal Singh on Tuesday assured transporters that the government would share their concerns regarding provision contained in the Bharatiya Nyaya Sanhita 2023, prescribing punishment for causing death in hit-and-run cases, with the Centre.

Punjab Cabinet sub-committee supports transporters on new hit-and-run law

PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan hold roadshow in Ahmedabad

PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan hold roadshow in Ahmedabad
Prime Minister Narendra Modi and the UAE President Sheikh Mohamed bin Zayed Al Nahyan took part in a roadshow in Gujarat's Ahmedabad on Tuesday evening. The event began following Modi's warm welcome to the UAE President upon his arrival at the Sardar Vallabhbhai Patel International Airport.

PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan hold roadshow in Ahmedabad

Diaspora embodies spirit of India across the globe: PM Modi on PBD 2024

Diaspora embodies spirit of India across the globe: PM Modi on PBD 2024
Celebrating the achievements and contributions of the 32-million-plus-strong Indian diaspora on this year's Pravasi Bharatiya Diwas (PBD), Prime Minister Narendra Modi on Tuesday lauded them for embodying the spirit of India across the globe, fostering a sense of unity and diversity. Celebrated on January 9 every year, the day honours the contribution of the overseas Indian community to the nation, and also commemorates the return of Mahatma Gandhi from South Africa to India in 1915.

Diaspora embodies spirit of India across the globe: PM Modi on PBD 2024