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

Traffic restored at some parts in Delhi as Yamuna flood waters recede

Traffic restored at some parts in Delhi as Yamuna flood waters recede
The Delhi Traffic Police on Monday said that several roads in the national capital, which were previously closed due to the overflow of the Yamuna River, have now been reopened. As flood waters are receding, normal traffic movement has been restored, bringing relief to commuters and residents in affected areas.

Traffic restored at some parts in Delhi as Yamuna flood waters recede

Pakistani supplier provided weapons to kill Moosewala, say NIA sources

Pakistani supplier provided weapons to kill Moosewala, say NIA sources
The Pakistani supplier has been identified as Hamid who currently lives in Dubai. The name came to the fore during the interrogation of a man, named Shahbaz Ansari, who was arrested by NIA in 2022. Moosewala, 29, was shot dead by gangsters close to his ancestral village in Mansa in broad daylight on May 29, 2022 in less than 24 hours after his security was curtailed by the Punjab government. 

Pakistani supplier provided weapons to kill Moosewala, say NIA sources

‘Opposition in Punjab dead’, says Akali Dal on Congress backing AAP

‘Opposition in Punjab dead’, says Akali Dal on Congress backing AAP
Saying the official Opposition in Punjab is dead, Shiromani Akali Dal leader Bikam Singh Majithia on Monday dubbed the AAP-Congress collusion as “an unholy wedlock” in which both parties have treated Punjab as a “bargaining dowry-chip to seal an immoral deal”. 

‘Opposition in Punjab dead’, says Akali Dal on Congress backing AAP

Punjab CM yet to announce ex-gratia for flood victims: Bajwa

Punjab CM yet to announce ex-gratia for flood victims: Bajwa
Congress leader Bajwa said it was quite evident now that the floods have wreaked havoc in 14 districts, severely damaging the farming sector and other occupations, including shopkeepers, small traders, and labourers. A considerable number of families in the flood-affected areas have got their houses damaged irreparably. 

Punjab CM yet to announce ex-gratia for flood victims: Bajwa

Indian students pursuing Masters in France to get 5-year work visa: PM Modi

Indian students pursuing Masters in France to get 5-year work visa: PM Modi
According to the latest official data collected post-Covid, there were around 6,000 Indian students in France in the 2021-2022 academic year. France plans to invite 20,000 Indian students in the country by the year 2025, Foreign Minister Catherine Colonna said last year.

Indian students pursuing Masters in France to get 5-year work visa: PM Modi

Modi becomes first Indian PM to receive France's highest award

Modi becomes first Indian PM to receive France's highest award
Prime Minister Narendra Modi was conferred with the Grand Cross of the Legion of Honour, France's highest award, by French President Emmanuel Macron. He is the first Indian Prime Minister to receive the honour.

Modi becomes first Indian PM to receive France's highest award