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

Need for sustainable environment for future generations: Punjab CM

Need for sustainable environment for future generations: Punjab CM
Chairing a state-level function to mark World Environment Day, he expressed concern over the depleting ground water table and polluting environment in the state. He said immediate remedial steps are required to save the only precious and scarce natural resource of Punjab in terms of water along with checking the environmental pollution.

Need for sustainable environment for future generations: Punjab CM

Signs of 'deliberate interference' in electronic interlocking system led to CBI probe recommendation

Signs of 'deliberate interference' in electronic interlocking system led to CBI probe recommendation
Railway Minister Ashwini Vaishnaw had on Sunday said that the Railway Board has recommended a Central Bureau of Investigation (CBI) probe into Friday's horrifying accident which left 275 people dead and over 800 injured. He also said that the accident happened due to a change in electronic interlocking.

Signs of 'deliberate interference' in electronic interlocking system led to CBI probe recommendation

Seven more Punjabi women rescued from Oman

Seven more Punjabi women rescued from Oman
The total number of rescued women in two weeks rose to 24 under the initiative Mission Hope run by Punjab AAP Rajya Sabha member, Vikram Sahney. Sahney informed that the women who came on Saturday are from Jalandhar, Shahkot, Phillaur, Jagraon, Patti, Tarn Taran, Nakodar and Bathinda.

Seven more Punjabi women rescued from Oman

PM Modi to flag off Goa's first Vande Bharat train on Saturday

PM Modi to flag off Goa's first Vande Bharat train on Saturday
The train is expected to improve the connectivity on the Mumbai-Goa route and provide people of the region with the means to travel with speed and comfort. It will be the 19th Vande Bharat train to run in the country.

PM Modi to flag off Goa's first Vande Bharat train on Saturday

Haryana has no right on river water from Himachal: Sukhbir Badal

Haryana has no right on river water from Himachal: Sukhbir Badal
Ahead of the meeting of the Haryana and Himachal Pradesh Chief Ministers on the issue of water sharing next week, Shiromani Akali Dal (SAD) President Sukhbir Badal on Friday said Haryana did not have any right on water from the Ravi-Beas river basin in Himachal Pradesh, being a non-riparian state. 

Haryana has no right on river water from Himachal: Sukhbir Badal

Arrest WFI chief Brij Bhushan Sharan Singh by June 9: Haryana 'mahapanchayat'

Arrest WFI chief Brij Bhushan Sharan Singh by June 9: Haryana 'mahapanchayat'
Addressing a huge gathering, Bhartiya Kisan Union (BKU) leader Rakesh Tikait warned the Central government that if no action is taken against Brij Bhushan by June 9, they will hold a larger protest along with wrestlers.

Arrest WFI chief Brij Bhushan Sharan Singh by June 9: Haryana 'mahapanchayat'