Close X
Saturday, November 23, 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

Ahead of Haryana polls, controversial godman Ram Rahim gets parole, third this year

Ahead of Haryana polls, controversial godman Ram Rahim gets parole, third this year
Ahead of the Assembly polls in Haryana, controversial Dera Sacha Sauda sect chief Gurmeet Ram Rahim Singh, who’s serving a 20-year jail sentence for raping two of his disciples, on Tuesday got 20-day parole, the third time this year. However, he has been barred from staying in the state.

Ahead of Haryana polls, controversial godman Ram Rahim gets parole, third this year

PM Modi to launch tribal village development scheme in Jharkhand on Gandhi Jayanti

PM Modi to launch tribal village development scheme in Jharkhand on Gandhi Jayanti
Prime Minister Narendra Modi will launch the Pradhan Mantri-Janjatiya Unnat Gram Abhiyan (PMJUGA) in Jharkhand's Hazaribagh on Wednesday (October 2), to commemorate the birth anniversary of Mahatma Gandhi. This initiative aims to uplift tribal-dominated villages and will economically empower the tribal population.

PM Modi to launch tribal village development scheme in Jharkhand on Gandhi Jayanti

Should not forget flood-affected victims due to festivals: Mamata Banerjee

Should not forget flood-affected victims due to festivals: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee said on Tuesday that people should not forget the flood-affected victims because of the upcoming festivals. She said that the flood situation in West Bengal this year had taken an exceptional shape and both South Bengal and North Bengal have been equally affected by it.

Should not forget flood-affected victims due to festivals: Mamata Banerjee

13,327 panchayats in Punjab to vote on Oct 15

13,327 panchayats in Punjab to vote on Oct 15
Punjab’s state Election Commission on Wednesday announced that elections to 13,327 panchayats to be held on October 15. Announcing the election schedule, Election Commissioner Raj Kamal Chaudhary said the nominations would be filed from September 27 to October 4. There will be 19,110 polling booths. The expenditure limit for the sarpanches is Rs 40,000, while for panches Rs 30,000.

13,327 panchayats in Punjab to vote on Oct 15

We will put pressure on PM Modi for statehood, Rahul Gandhi tells voters in J&K

We will put pressure on PM Modi for statehood, Rahul Gandhi tells voters in J&K
Addressing a Congress poll campaign rally in Sopore town of Baramulla district, Rahul Gandhi said: "We will fight for restoration of statehood to Jammu and Kashmir in the Parliament. We will use the full force of INDIA bloc to pressurise Centre for your statehood. It is for the first time in India's history that a state was downgraded into a union territory and injustice was done to Jammu and Kashmir.

We will put pressure on PM Modi for statehood, Rahul Gandhi tells voters in J&K

Kejriwal vows to silence farm law advocates in Haryana rally

Kejriwal vows to silence farm law advocates in Haryana rally
Arvind Kejriwal, the national convenor of the Aam Aadmi Party (AAP), took a jibe against Bollywood actress and BJP MP Kangana Ranaut during a rally in Haryana’s Rohtak on Wednesday, criticising her remarks advocating the reinstatement of the repealed farm laws. Addressing the crowd, Kejriwal pointed out the anger among Haryana's people over her statements, emphasizing that the state's residents will not accept the reintroduction of these "three black laws."

Kejriwal vows to silence farm law advocates in Haryana rally