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

Rahul visits relief camps in two Manipur districts, interacts with displaced people

Rahul visits relief camps in two Manipur districts, interacts with displaced people
Senior Congress leader Rahul Gandhi on Thursday visited relief camps in Imphal and Churachandpur, where displaced people took shelter after the ethnic violence broke out in Manipur on May 3. The Congress leader visited Churachandpur, one of the worst violence hit districts, and met the inmates in the relief camps there.

Rahul visits relief camps in two Manipur districts, interacts with displaced people

Solar boats in Ayodhya, Varanasi soon

Solar boats in Ayodhya, Varanasi soon
The Uttar Pradesh government will make tourist spots in the state pollution-free and promote water transport and tourism. The state will operate solar-powered boats in its rivers, lakes and ponds.  

Solar boats in Ayodhya, Varanasi soon

India-America ties accelerating at breathtaking speed, says US Ambassador

India-America ties accelerating at breathtaking speed, says US Ambassador
In his address, the US Envoy also said that the projects and transformative initiatives announced during Modi's visit will not only benefit the two countries, but the world as well. Garcetti said India and the US have the power to ensure peace and stability in the Indo-Pacific and beyond.

India-America ties accelerating at breathtaking speed, says US Ambassador

Lawrence Bishnoi sought 'Mahagathbandhan' with gangs: NIA charge sheet

Lawrence Bishnoi sought 'Mahagathbandhan' with gangs: NIA charge sheet
The NIA has mentioned in its charge sheet that gangster Lawrence Bishnoi had proposed an idea of forming alliances with other gangs, a 'Mahagathbandhan' to confront rivals and expand terror network. The NIA states that Bishnoi utilised social media tools and various websites to reach a wider audience.

Lawrence Bishnoi sought 'Mahagathbandhan' with gangs: NIA charge sheet

8 arrested for firing at man over monetary dispute in Delhi

8 arrested for firing at man over monetary dispute in Delhi
The accused have been identified as Anup (28), Govind Gupta (32), Gaurav (36), Neeraj (30), residents of Faridabad in Haryana, Rakesh Kumar Goyel (42), Abhishek Singh (22), Anmol Gupta (26) and Prince (20), residents of Sangam Vihar.

8 arrested for firing at man over monetary dispute in Delhi

Delhi govt to organise ‘Rozgar Mela’ for youth employment

Delhi govt to organise ‘Rozgar Mela’ for youth employment
The Delhi government is working to organise a Rozgar Mela in the upcoming months. Delhi Labour and Employment Minister Raaj Kumar Anand held a meeting with the Vice Chancellor of the Labour Department and the Delhi Skill and Entrepreneurship University (DSEU) to discuss the organisation of a large-scale employment fair, also known as 'Rozgar Mela'.

Delhi govt to organise ‘Rozgar Mela’ for youth employment