Close X
Wednesday, October 30, 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

Committed to boost container availability, reduce congestion at ports: Piyush Goyal

Committed to boost container availability, reduce congestion at ports: Piyush Goyal
Chairing an inter-ministerial meeting to address issues related to rising freight costs, shipping delays, shortage and non-availability of containers and congestion at the ports, the minister said the decisions taken by the Ministry of Ports, Shipping and Waterways and Ministry of Railways will result in successfully addressing these issues.

Committed to boost container availability, reduce congestion at ports: Piyush Goyal

Yogi govt to purchase 120 e-buses for enhanced public transport in UP

Yogi govt to purchase 120 e-buses for enhanced public transport in UP
The Government of Uttar Pradesh will purchase 120 electric buses which will operate across Lucknow, Aligarh, Moradabad, Ayodhya, and Gorakhpur. Under the directives of UP Chief Minister Yogi Adityanath, the process to add 120 electric buses (in addition to 100 buses) to the fleet of the Uttar Pradesh State Road Transport Corporation (UPSRTC) is progressing rapidly.

Yogi govt to purchase 120 e-buses for enhanced public transport in UP

Guilty will not be spared, says Naidu on animal fat in Tirumala laddu

Guilty will not be spared, says Naidu on animal fat in Tirumala laddu
Andhra Pradesh Chief Minister on Thursday said action will be taken against those who committed sacrilege at Tirumala by using ghee made of unholy ingredients for making Tirumala laddu. He told media persons that action would be taken against those involved once evidence is found against them.

Guilty will not be spared, says Naidu on animal fat in Tirumala laddu

12 injured as bus rams into stationary truck in Gujarat's Morbi

12 injured as bus rams into stationary truck in Gujarat's Morbi
At least 12 people were injured when a State Transport bus rammed into a stationary truck in Patia in Gujarat's Morbi district. The incident occurred when the sleeper coach bus was en route to Mundra from Anand.

12 injured as bus rams into stationary truck in Gujarat's Morbi

Maha Congress: Rahul Gandhi targeted for growing popularity in India, abroad

Maha Congress: Rahul Gandhi targeted for growing popularity in India, abroad
The Congress said on Thursday that the BJP is rattled by Lok Sabha Leader of Opposition Rahul Gandhi’s growing popularity and credibility in India and abroad and that is why he is being targeted. AICC General Secretary Ramesh Chennithala said that Rahul Gandhi is the only leader who is fighting against the BJP and Prime Minister Narendra Modi and has proved to be a major challenge for the ruling dispensation.

Maha Congress: Rahul Gandhi targeted for growing popularity in India, abroad

Now, parts of BMW to be manufactured in Punjab: CM Mann

Now, parts of BMW to be manufactured in Punjab: CM Mann
Punjab Chief Minister Bhagwant Mann on Thursday assured cooperation to Modern Automotives Ltd for their plans to expand their project in the state and manufacture a pivotal part of automotive giant BMW. A delegation of Modern Automotives Ltd, comprising Aditya Goyal, Suhail Goyal and Manish Bagga, called on the Chief Minister here. Now parts of BMW will be manufactured in the state, a statement by the state government said.

Now, parts of BMW to be manufactured in Punjab: CM Mann