Close X
Wednesday, November 6, 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

Independence Day celebrations: Over 10,000 police personnel deployed in and around Red Fort

Independence Day celebrations: Over 10,000 police personnel deployed in and around Red Fort
Over 10,000 police personnel have been deployed in and around the historic Mughal-era Red Fort from where the Prime Minister Narendra Modi will address the nation on Independence Day, a Delhi Police official said on Monday. 

Independence Day celebrations: Over 10,000 police personnel deployed in and around Red Fort

41 killed, 13 missing in Himachal flash floods, landslides

41 killed, 13 missing in Himachal flash floods, landslides
At least 41 people were killed and 13 went missing on Monday owing to heavy rainfall that triggered statewide flash floods and landslides, officials said. The deceased included 10 in state capital Shimla in two landslide incidents, including the caving in of a temple dedicated to Lord Shiva. Nine people are reported to be missing and the search operation is underway.   

41 killed, 13 missing in Himachal flash floods, landslides

'India has converted challenges into opportunities': Prez Murmu in I-Day eve address

'India has converted challenges into opportunities': Prez Murmu in I-Day eve address
New Delhi, Aug 14 (IANS) President Droupadi Murmu on Monday hailed the country's resilience during turbulent times, saying that India also served as a beacon of hope for others. Addressing the nation on the eve of the 77th Independence Day, the President in her speech said that India has converted challenges into opportunities, and has recorded high GDP growth. 

'India has converted challenges into opportunities': Prez Murmu in I-Day eve address

PM Modi wants to burn Manipur, doesn't want to douse fire: Rahul Gandhi

PM Modi wants to burn Manipur, doesn't want to douse fire: Rahul Gandhi
Congress leader Rahul Gandhi on Friday said that the Prime Minister Narendra Modi wants to burn Manipur and he is not trying to douse the fire. He also said that the Indian Army can stop the violence in the northeastern state in two days.

PM Modi wants to burn Manipur, doesn't want to douse fire: Rahul Gandhi

Goru Bacha gang member arrested in Punjab

Goru Bacha gang member arrested in Punjab
Punjab Police’s Anti-Gangster Task Force (AGTF), in a joint operation with Moga Police, have arrested gangster Gurpreet Singh, alias Gopi Dalewalia, who was the key shooter in Santokh Singh murder case, Director General of Police Gaurav Yadav said on Friday. He said the accused is a member of the Goru Bacha gang.  

Goru Bacha gang member arrested in Punjab

Punjab to set up facilitation centre at Delhi airport for NRIs

Punjab to set up facilitation centre at Delhi airport for NRIs
In a landmark initiative aimed at facilitating the NRIs landing at the Indira Gandhi International Airport in New Delhi, the Punjab Cabinet led by Chief Minister Bhagwant Mann on Friday gave approval to set up a facilitation centre at the arrival hall of the international terminal.

Punjab to set up facilitation centre at Delhi airport for NRIs