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

Sukhbir Badal seeks probe against Punjab ministers for land ‘fraud’

Sukhbir Badal seeks probe against Punjab ministers for land ‘fraud’
Shiromani Akali Dal (SAD) President Sukhbir Badal on Tuesday demanded registration of an FIR against Punjab ministers Lalchand Kataruchak and Kuldeep Singh Dhaliwal for colluding with each other with the motive of transferring 100 acres of government land to private people for alleged gains.

Sukhbir Badal seeks probe against Punjab ministers for land ‘fraud’

Nuh: 57 FIRs, 170 arrested as Haryana Police action continues after violence; situation calm

Nuh: 57 FIRs, 170 arrested as Haryana Police action continues after violence; situation calm
Meanwhile, a 10-member delegation of the Haryana Congress, comprising Rajya Sabha member Deepender Singh Hooda, state Congress chief Chaudhary Udaybhan, and others, was stopped on Tuesday from entering Nuh by the police.  

Nuh: 57 FIRs, 170 arrested as Haryana Police action continues after violence; situation calm

PM's Principal Secretary to oversee preparations for G20 summit

PM's Principal Secretary to oversee preparations for G20 summit
Principal Secretary to the Prime Minister, P.K. Mishra chaired the seventh meeting of the Coordination Committee on India’s G20 Presidency at Bharat Mandapam, Pragati Maidan, where the event is going to be hosted. Mishra said that detailed SOPs should be developed and specific duties be assigned to officers for smooth execution.

PM's Principal Secretary to oversee preparations for G20 summit

SC stays Rahul’s conviction in 'Modi surname' defamation case

SC stays Rahul’s conviction in 'Modi surname' defamation case
On July 15, the Congress leader had approached the Supreme Court challenging the Gujarat high court’s order where a bench of Justice Hemant Prachchhak had observed that granting a stay on his conviction would be an exception, and not a rule.

SC stays Rahul’s conviction in 'Modi surname' defamation case

Drugs worth Rs 4 cr seized in Assam, 1 arrested

Drugs worth Rs 4 cr seized in Assam, 1 arrested
A senior police officer told IANS the operation was carried out in Kayasthagram area on Thursday based on a tip-off. A vehicle heading towards the Tripura border was stopped by the security personnel and on thorough checking, the narcotics were found hidden in soap boxes.  

Drugs worth Rs 4 cr seized in Assam, 1 arrested

Will not allow AAP-Congress ‘conspiracy’ to levy power bills on tubewells, says Badal

Will not allow AAP-Congress ‘conspiracy’ to levy power bills on tubewells, says Badal
Shiromani Akali Dal (SAD) President Sukhbir Badal on Friday said that’s SAD will not allow the AAP-Congress ‘alliance conspiracy’ to levy electricity bills on tubewell connections to succeed at any cost. He warned the newly formed alliance not to try to discriminate against the peasantry which was already reeling due to the destruction caused by the AAP government’s manmade floods.

Will not allow AAP-Congress ‘conspiracy’ to levy power bills on tubewells, says Badal