Close X
Tuesday, November 12, 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

Excise policy scam: Sisodia's bail plea in CBI case dismissed

Excise policy scam: Sisodia's bail plea in CBI case dismissed
The court had, on March 20, sent him to judicial custody till April 3. Judge Nagpal observed that the payment of advance kickbacks of around Rs 90-100 crore was meant for him and his other colleagues in the Aam Aadmi Party (AAP) government.

Excise policy scam: Sisodia's bail plea in CBI case dismissed

India reports 40% jump in new Covid cases, Delhi govt calls emergency meet

India reports 40% jump in new Covid cases, Delhi govt calls emergency meet
The Delhi government has called an emergency meeting after the Covid cases spiked on Wednesday. A total of 300 new Covid infections in the last 24 hours were recorded in the national capital, which is a rise over Tuesday's 214 cases, as per the Delhi government health bulletin.

India reports 40% jump in new Covid cases, Delhi govt calls emergency meet

Punjab CM betrayed by hiking power tariff of industry: Sukhbir Badal

Punjab CM betrayed by hiking power tariff of industry: Sukhbir Badal
Asserting that the situation was likely to worsen in the coming days, Badal said the summer season had not started but the state power utility had started imposing power cuts of as much as eight hours per day even in cities.

Punjab CM betrayed by hiking power tariff of industry: Sukhbir Badal

Adopt alternative crops like cotton, basmati: Punjab CM

Adopt alternative crops like cotton, basmati: Punjab CM
In a video message to the farmers, he said several crops were grown on the fertile land but gradually the farmers confined themselves to paddy only. He said this has adversely affected the topography of the state in terms of excessive power consumption, depletion of water table as most of the blocks had gone in extreme dark zones, pollution due burning of stubble and others.

Adopt alternative crops like cotton, basmati: Punjab CM

Legal team working on Rahul's case: Kharge

Legal team working on Rahul's case: Kharge
As a mark of protest against the disqualification of Rahul Gandhi from the Lok Sabha, and to press its demand for a probe into the allegations of fraud levelled against the Adani Group, the Congress has launched 'Jai Bharat Satyagraha' across the country against the Centre. The party has set up a war room to monitor the 'Satyagraha', which will culminate in Delhi with a rally.

Legal team working on Rahul's case: Kharge

14 killed in Indore temple tragedy, President, PM express grief

14 killed in Indore temple tragedy, President, PM express grief
As per the police, the cover over an old stepwell, around 50 to 60 feet deep, on which devotees were standing to offering their prayers, caved in, due to which around 30 people fell into it. Panic spread as people started crying after seeing their beloved gasping for life in the deep well.

14 killed in Indore temple tragedy, President, PM express grief