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

Modi will become PM for third time with more than 300 seats: Shah

Modi will become PM for third time with more than 300 seats: Shah
While addressing a rally of BJP workers in Assam' Dibrugarh, Shah also expressed confidence that the BJP will be victorious in at least 12 out of the 14 Lok Sabha seats in the state. According to him, the party is set to win big in the entire northeast, which accounts for a total of 25 seats in Lok Sabha.

Modi will become PM for third time with more than 300 seats: Shah

Punjab CM dedicates renovated Guru Tegh Bahadur Museum

Punjab CM dedicates renovated Guru Tegh Bahadur Museum
The Chief Minister said Guru's supreme sacrifice as protector of 'dharma' was unparalleled in the history of mankind and stands out as an example for humanity. He said this museum is a humble tribute to this great Sikh Guru who made unparalleled sacrifices to uphold the value of righteousness, truth and freedom of faith.

Punjab CM dedicates renovated Guru Tegh Bahadur Museum

Air India flight to London returns to Delhi after unruly passenger 'harms' 2 cabin crew members

Air India flight to London returns to Delhi after unruly passenger 'harms' 2 cabin crew members
The Air India flight AI 111 scheduled to operate on the Delhi-London-Heathrow route returned shortly after departure. An FIR was lodged as the accused person allegedly misbehaved and caused physical harm to two of the cabin crew members.

Air India flight to London returns to Delhi after unruly passenger 'harms' 2 cabin crew members

India reports 5,880 new Covid cases

India reports 5,880 new Covid cases
The daily positivity rate was at 6.91 per cent while weekly positivity rate stood at 3.67 per cent as per the data released by the Ministry. The active caseload currently stands at 35,199. The recovery rate is at 98.73 per cent.

India reports 5,880 new Covid cases

Three arrested for swapping ATM cards to cheat people in Delhi

Three arrested for swapping ATM cards to cheat people in Delhi
The accused were identified as Sonu Kumar, 27, his brother-in-law Sandeep, and Jony alias Rocky, all residents of Haryana. Police said that they have recovered 113 ATMS cards of various bank, and two PayTm machines from the possession of the accused, and claimed to have solved 14 cases of cheating with the trio's arrest.

Three arrested for swapping ATM cards to cheat people in Delhi

Punjab's agriculture expected to grow by 3.70 per cent: Minister

Punjab's agriculture expected to grow by 3.70 per cent: Minister
The livestock sector, he said, with rapid growth is becoming a major contributor to the growth of the agriculture and allied sector. "The livestock sector is likely to grow by 4.18 per cent in 2022-23," Cheema said, while adding the livestock sector's share in total Gross State Value Added (GSVA) of Punjab was 11.1 per cent during 2022-23.

Punjab's agriculture expected to grow by 3.70 per cent: Minister