Close X
Wednesday, October 30, 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

Apple introduces new iPhone 16 series, available in India from Sep 20

Apple introduces new iPhone 16 series, available in India from Sep 20
Powered by the A18 Pro chip, iPhone 16 Pro and iPhone 16 Pro Max feature a new 48MP Fusion camera with a faster quad-pixel sensor that enables 4K120 fps video recording in Dolby Vision, the company said in a statement.

Apple introduces new iPhone 16 series, available in India from Sep 20

Despite deadline to join duty, junior doctors vow to continue protest in Bengal

Despite deadline to join duty, junior doctors vow to continue protest in Bengal
On Monday, a Supreme Court bench headed by CJI D.Y. Chandrachud ruled that doctors in West Bengal protesting against the rape-murder at R.G. Kar must resume their duties by 5 p.m. on Tuesday failing which the state government will be authorised to initiate disciplinary action against them. The bench also comprising Justices J.B. Pardiwala and Manoj Misra assured that no disciplinary action will be taken if the doctors report for duty at or before 5 p.m. on Tuesday.

Despite deadline to join duty, junior doctors vow to continue protest in Bengal

Bajrang Punia appointed Working Chairman of All India Kisan Congress

Bajrang Punia appointed Working Chairman of All India Kisan Congress
In a major development, Olympian wrestler Bajrang Punia was appointed the Working Chairman of the All India Kisan Congress on Friday. The appointment, which followed Punia and his fellow wrestler Vinesh Phogat joining the Congress on Friday afternoon, is being seen as a significant move in light of the upcoming Assembly elections in Haryana scheduled on October 5.

Bajrang Punia appointed Working Chairman of All India Kisan Congress

Vinesh Phogat, Bhupinder Hooda in first list of Congress candidates for Haryana

Vinesh Phogat, Bhupinder Hooda in first list of Congress candidates for Haryana
Veteran leader and former Chief Minister Bhupinder Singh Hooda, Olympian wrestler Vinesh Phogat, who joined the party on Friday, state chief Udai Bhan, and former minister Geeta Bhukkal are among the 31 names in the Congress' first list of candidates for the October 5 Haryana Assembly elections. While Hooda will contest from Garhi Sampla-Killoi in Rohtak district, Phogat will make her electoral debut from Julana in Jind district.

Vinesh Phogat, Bhupinder Hooda in first list of Congress candidates for Haryana

Seven held in Ahmedabad with 199 kg marijuana worth Rs 43 lakh

Seven held in Ahmedabad with 199 kg marijuana worth Rs 43 lakh
The Ahmedabad Crime Branch has seized 194.850 kg marijuana valued at Rs 42.86 lakh from a warehouse in the Vatva GIDC area. Seven persons hailing from Odisha, Bihar, and Nepal have been arrested in connection with the case which has come as a significant blow to the city's drug trade.

Seven held in Ahmedabad with 199 kg marijuana worth Rs 43 lakh

15 killed after bus hits van in UP's Hathras

15 killed after bus hits van in UP's Hathras
At least 15 people, including four women and an equal number of children, were killed after a roadways bus collided with the van they were travelling in on National Highway 93 here, officials said. Thirteen people have also been injured in the accident which took place on Friday and admitted to a government hospital.

15 killed after bus hits van in UP's Hathras