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

FBI director meets CBI chief, discusses extradition of suspects wanted by India

FBI director meets CBI chief, discusses extradition of suspects wanted by India
FBI Director Christopher Wray met CBI chief Praveen Sood on Monday and discussed key issues, including extradition of suspects wanted by India and technology-enabled financial crimes. The US official’s visit comes in the backdrop of an alleged plot to kill a pro-Khalistan leader on American soil.

FBI director meets CBI chief, discusses extradition of suspects wanted by India

Punjab Police arrest 302 drug smugglers, suppliers in one week: Official

Punjab Police arrest 302 drug smugglers, suppliers in one week: Official
Inspector General of Police Sukhchain Gill told the media here that the police have also recovered 24.08 kg heroin, 10 kg opium, 1.57 quintals of poppy husk, and 1.05 lakhs tablets, capsules, injections and vials of pharma opioids, besides recovering Rs 20.72 lakh drug money from the possession of these accused.

Punjab Police arrest 302 drug smugglers, suppliers in one week: Official

Air quality still 'very poor' at several places, Delhi records min temp of 9.2 degree celsius

Air quality still 'very poor' at several places, Delhi records min temp of 9.2 degree celsius
The air quality in the national Capital continued to remain under the ‘very poor’ category at several AQI stations across the city on Thursday morning. Meanwhile, the India Meteorological Department said that the minimum temperature in the national Capital was registered at 9.2 degrees Celsius, seasonal average. The weather department predicted that on Thursday the maximum temperature is likely to hover around 26 degree Celsius while there will be clear sky.

Air quality still 'very poor' at several places, Delhi records min temp of 9.2 degree celsius

Wax statue of Baba Ambedkar installed in Jaipur Wax Museum

Wax statue of Baba Ambedkar installed in Jaipur Wax Museum
The wax statue has been placed in the set of Rashtrapati Bhavan along with the statue of India's second great personality Missile Man Bharat Ratna Dr Abdul Kalam. The height of the statue is 5 feet 11 inches, while the weight is about 38 kg.

Wax statue of Baba Ambedkar installed in Jaipur Wax Museum

Punjab to open 100 more Aam Aadmi clinics: Bhagwant Mann

Punjab to open 100 more Aam Aadmi clinics: Bhagwant Mann
Punjab Chief Minister Bhagwant Mann on Thursday said the state government would dedicate 100 new Aam Aadmi clinics to people for imparting quality healthcare services to people. Chairing a meeting to review the work of Health and Family welfare Department here, the Chief Minister said the government is committed to strengthening and transforming primary healthcare in the state.

Punjab to open 100 more Aam Aadmi clinics: Bhagwant Mann

Over Rs 100 cr seized in I-T raids at premises of Congress MP’s relatives

Over Rs 100 cr seized in I-T raids at premises of Congress MP’s relatives
According to Income Tax Department sources, the maximum cash has been recovered from the premises of Boudh Distillery Private Limited (BDPL) in Odisha. Many machines have been installed to count the notes. The I-T Department has also simultaneously raided half a dozen premises of Sahu in Ranchi, Lohardaga and Odisha. Apart from this, raids are going on at some places in West Bengal also. Apart from the documents related to income and expenditure, what else has been found in the raid is not yet clear.

Over Rs 100 cr seized in I-T raids at premises of Congress MP’s relatives