Close X
Saturday, November 16, 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

One pilot killed, another injured as Army chopper crashes in Arunachal

One pilot killed, another injured as Army chopper crashes in Arunachal
A pilot was killed and another injured when a Cheetah helicopter of Army Aviation crashed near Arunachal Pradesh's Tawang on Wednesday, officials said.  Defence spokesman Lt. Col Mahendra Rawat said that the Cheetah helicopter, which was on a routine sortie, crashed at around 10 a.m. injuring both the pilots and they were immediately evacuated to nearest Military Hospital.

One pilot killed, another injured as Army chopper crashes in Arunachal

Punjab Police bust drone-based arms smuggling module

Punjab Police bust drone-based arms smuggling module
The arrested have been identified as Jaskaran Singh, lodged at Sub Jail in Goindwal Sahib, and Rattanbir Singh, who is out on bail. Police recovered 10 foreign-made pistols, including five .30 bore (made in China) and five 9mm (made in the US) along with eight magazines from both of them, besides a mobile phone concealed by Jaskaran Singh in his barrack.

Punjab Police bust drone-based arms smuggling module

ISI-backed module busted in Punjab, cache of weapons & heroin seized

ISI-backed module busted in Punjab, cache of weapons & heroin seized
The module is being jointly operated by Canada-based Lakhbir Singh, alias Landa, Pakistan-based Harvinder Singh Rinda and Italy-based Harpreet Singh, alias Happy. The arrested accused has been identified as Yograj Singh, alias Yog, a resident of Rajoke village in Tarn Taran district. 

ISI-backed module busted in Punjab, cache of weapons & heroin seized

Assam: Drugs worth Rs 1 cr seized, three arrested

Assam: Drugs worth Rs 1 cr seized, three arrested
A police officer said that the narcotic substances were recovered from several soap cases kept in hidden chambers in an 18-wheel truck. The police have arrested the driver Hannan Ali. The vehicle was coming from Manipur and the consignment was most probably to be delivered in Guwahati.

Assam: Drugs worth Rs 1 cr seized, three arrested

Delhi Police get three-day custody of 4 PFI members

Delhi Police get three-day custody of 4 PFI members
Delhi Police had sought the custody of the arrested persons, which was granted by a duty magistrate on Tuesday. The four persons were arrested on Sunday night. Recently, a fresh case under the provisions of Unlawful Activities (Prevention) Act (UAPA) was lodged by the Delhi Police against the members of PFI, which was banned for five years by the Centre last week.

Delhi Police get three-day custody of 4 PFI members

5,824 drug smugglers arrested in one month: Punjab Police

5,824 drug smugglers arrested in one month: Punjab Police
Punjab Police have arrested 5,824 drug smugglers, including 916 big fish, since July 5, Inspector General Sukhchain Singh Gill said here on Tuesday.  He said 203 kg heroin was recovered. Additionally, 147.5 kg heroin was recovered by Punjab Police from seaports of Gujarat and Maharashtra, taking the total effective recovery of heroin to 350 kg in just three months.

5,824 drug smugglers arrested in one month: Punjab Police