Close X
Thursday, November 7, 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

‘Summoning special session patently illegal,’ Punjab Gov informs CM

‘Summoning special session patently illegal,’ Punjab Gov informs CM
The governor’s letter was in response to the Chief Minister’s assertion two days back that it is “very unfortunate” that the Governor “does not know whether the June 19-20 session was legal or illegal”. The Governor also warned the AAP government that he has been receiving complaints of corruption.  

‘Summoning special session patently illegal,’ Punjab Gov informs CM

3 Punjab museums to be closed for visitors till July 31 for maintenance work

3 Punjab museums to be closed for visitors till July 31 for maintenance work
The museums in Punjab -- Virasat-e-Khalsa in Anandpur Sahib, Dastan-e-Shahadat in Chamkaur Sahib, and the Golden Temple Plaza in Amritsar, under the Department of Tourism and Cultural Affairs -- will be closed for visitors till July 31 for half-yearly maintenance work.

3 Punjab museums to be closed for visitors till July 31 for maintenance work

Delhi’s infrastructure woes: Rs 1100 crore squandered amidst looming crisis

Delhi’s infrastructure woes: Rs 1100 crore squandered amidst looming crisis
Supreme Court’s latest remarks questioning the skewed priorities of the Delhi government have shed light on the mismanagement of funds and raised concerns over the condition of roads, garbage disposal, and infrastructure development in the national capital. The Delhi Government allocated Rs 65,000 crore in 2020-21; Rs 69,000 crore in 2021-22; and a staggering Rs 75,800 crore for 2022-23.

Delhi’s infrastructure woes: Rs 1100 crore squandered amidst looming crisis

Light of Life: Uplifting the Lives of underprivileged children  

Light of Life: Uplifting the Lives of underprivileged children  
Started in 2002 by Villy Doctor, this organization was founded to break the generational cycle of poverty – one life at a time. Since then, Villy has dedicated herself to transforming the lives of underprivileged rural communities, particularly women and children, empowering them to live with dignity and self-respect.   

Light of Life: Uplifting the Lives of underprivileged children  

Women paraded naked : Manipur court sends 4 accused to 11 days police custody

Women paraded naked : Manipur court sends 4 accused to 11 days police custody
A local court in Manipur’s Thoubal district on Friday sent the four accused arrested in connection with the parading of two naked women in Kangpokpi district on May 4, to police custody for 11 days to facilitate the police investigate the horrendous crime. 

Women paraded naked : Manipur court sends 4 accused to 11 days police custody

Technology to be core driver for employment: PM Modi

Technology to be core driver for employment: PM Modi
Virtually addressing the meeting being held in Indore, Modi said: “Skilling, re-skilling and up-skilling are the mantras for the future workforce. India has the potential to become one of the largest providers of skilled workforce in the world. We must consider each country's unique economic capacities, strengths and challenges.

Technology to be core driver for employment: PM Modi