Close X
Friday, November 15, 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 arrest sixth shooter in targeted killing case

Punjab Police arrest sixth shooter in targeted killing case
Director General of Police Punjab Gaurav Yadav identified the arrested accused as Ramjan Khan, alias Raj Hooda. He said police teams have also arrested his two accomplices -- Happy Mehla (19) and Sahil Mehla (18), both resident of Hanumangarh in Rajasthan.

Punjab Police arrest sixth shooter in targeted killing case

Drugs worth Rs 50 cr seized in Assam, 5 held

Drugs worth Rs 50 cr seized in Assam, 5 held
In Cachar, three people were arrested with 1.80 lakh tablets used for intoxication on Sunday in the Lakhipur area in the district. Police informed that the international market value of seized tablets is around Rs 50 crore. The accused were identified as Abdul Saeed, Ibazur Rahman and Sameer Alam, all residents of the Cachar district.

Drugs worth Rs 50 cr seized in Assam, 5 held

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today
Further, police teams have been sent to Tosh in Himachal Pradesh after it was revealed that he, along with his live-in partner, had stayed there for quite a long time. Aftab had strangled his live-in partner Shraddha Walkar on May 18 and then chopped her body into many pieces.

Shraddha murder case: Aftab to be taken for medical check-up, Narco test likely today

Punjab Cabinet approves implementation of old pension scheme

Punjab Cabinet approves implementation of old pension scheme
Disclosing this here today, a spokesperson for the Chief Minister's Office said the government has approved the OPS for its employees currently covered under New Pension Scheme (NPS), fulfilling a long-pending demand of employees of the state.

Punjab Cabinet approves implementation of old pension scheme

Over 30 students at Hyderabad college fall ill due to suspected gas leak

Over 30 students at Hyderabad college fall ill due to suspected gas leak
The affected girl students of Kasturba Gandhi College in West Maredpally, Secunderabad were hospitalised with complaints of breathlessness and dizziness. The college authorities denied that there was any gas leak from college lab. They said foul smell from garbage dump on the college boundary wall led to students falling ill.

Over 30 students at Hyderabad college fall ill due to suspected gas leak

Punjab DGP orders quarterly inspection of gun houses

Punjab DGP orders quarterly inspection of gun houses
Punjab has only two per cent of India's population, while it has nearly 10 per cent of the total licensed weapons which stand at nearly 4 lakh, or 13 gun licenses for every 1,000 persons in the state.

Punjab DGP orders quarterly inspection of gun houses