Close X
Friday, November 8, 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

Punjab Police bust module linked with foreign-based terrorists

Punjab Police bust module linked with foreign-based terrorists
The arrested has been identified as Gurbhej Singh of Tarn Taran. He has a criminal background and had recently been released from Goindwal Sahib Central Jail. Police have also named Sukhdeep Singh, Lakhbir Singh, Satnam Singh, Yadwinder Singh, and Baaghi Singh in the FIR.

Punjab Police bust module linked with foreign-based terrorists

Mann, Kejriwal open 80 more Aam Aadmi Clinics in Punjab

Mann, Kejriwal open 80 more Aam Aadmi Clinics in Punjab
Addressing the gathering, Mann said with this 580 Aam Aadmi Clinics are now operational in the state. He said these clinics have been dedicated to the people in three phases. He said these clinics have already proved to be a cornerstone in imparting quality health services to people.

Mann, Kejriwal open 80 more Aam Aadmi Clinics in Punjab

Kejriwal dares Modi to 'hang him' if corruption charges proved against him

Kejriwal dares Modi to 'hang him' if corruption charges proved against him
In his address at an event in Punjab's Ludhiana city after dedicating 80 Aam Aadmi Clinics, Kejriwal said the central government has put probe agencies after him to prove "by any means" that he is "a thief".

Kejriwal dares Modi to 'hang him' if corruption charges proved against him

Akali Dal seeks arrest of AAP minister for 'sexual misconduct'

Akali Dal seeks arrest of AAP minister for 'sexual misconduct'
Shiromani Akali Dal (SAD) leader Bikram Majithia on Friday demanded the dismissal and arrest of Punjab Food and Civil Supplies Minister Lal Chand Kataruchak after allegations that he allegedly committed unnatural sexual offence with a minor boy. 

Akali Dal seeks arrest of AAP minister for 'sexual misconduct'

Excise policy case: Now, ED charge sheet names Manish Sisodia

Excise policy case: Now, ED charge sheet names Manish Sisodia
This is the first time that the ED has named Sisodia in its charge sheet in the matter. Earlier, the CBI, which is conducting a parallel probe into the excise policy case, had named Sisodia in its supplementary charge sheet.

Excise policy case: Now, ED charge sheet names Manish Sisodia

Sukhbir Badal seeks forgiveness for 'mistakes' at remembrance of father

Sukhbir Badal seeks forgiveness for 'mistakes' at remembrance of father
A sea of humanity streamed into Badal village in Muktsar district in lakhs to pay their last respects to five times Chief Minister. Thousands walked several kilometers to pay homage to the son of the soil.

Sukhbir Badal seeks forgiveness for 'mistakes' at remembrance of father