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

Man held at Delhi airport with Saudi riyal worth Rs 41L

Man held at Delhi airport with Saudi riyal worth Rs 41L
The official said that at about 4 pm, CISF staff at Terminal-3 noticed suspicious activities of a passenger in the check-in area. The passenger was later identified as Misam Raza, who was about to fly to Dubai on a SpiceJet flight. Raza was then diverted to the random checking point for a thorough checking of his luggage.

Man held at Delhi airport with Saudi riyal worth Rs 41L

Fake call centre busted in Gurugram, six held

Fake call centre busted in Gurugram, six held
The arrested accused have been identified as Vikas Bhadana, Paras Sood, Thachang Tungshanao, Avinash, Ram Basua and Abhislash Singh, the call centre manager. While the call centre and house owner has been identified as Sachin Taneja.

Fake call centre busted in Gurugram, six held

Akali Dal urges Governor to order probe into Punjab liquor policy

Akali Dal urges Governor to order probe into Punjab liquor policy
A SAD delegation led by its president Sukhbir Singh Badal met Punjab Governor Banwarilal Purohit and handed over a memorandum stating that the Chief Minister and the Excise Minister have violated the provisions of the Official Secrets Act by making official files of the state available to Delhi Deputy Chief Minister Manish Sisodia and MP Raghav Chadha, besides private persons.

Akali Dal urges Governor to order probe into Punjab liquor policy

One of key conspirators of Moosewala's killing held in Azerbaijan

One of key conspirators of Moosewala's killing held in Azerbaijan
The location of another plotter, Anmol Bishnoi, has also been traced to Kenya. The Bishnois had fled India before the daylight killing of Moosewala on May 29 in the Moosa village in Mansa district. It is believed that Sachin, a nephew of jailed gangster Lawrence Bishnoi, and Brar hatched the conspiracy to kill the famed Punjabi singer.

One of key conspirators of Moosewala's killing held in Azerbaijan

CBI found nothing, got clean chit: Sisodia after probe agency searched his bank locker

CBI found nothing, got clean chit: Sisodia after probe agency searched his bank locker
Sisodia's bank locker at a Ghaziabad bank was searched by the CBI on Tuesday morning. Manish Sisodia and his wife Seema Sisodia reached the bank along with the probe agency officials to examine the bank locker in connection with the alleged irregularities in the excise policy.

CBI found nothing, got clean chit: Sisodia after probe agency searched his bank locker

Phogat's murder case to be probed by DySP rank officer

Phogat's murder case to be probed by DySP rank officer
According to Goa Police, methamphetamine was given to Phogat and the drug has been seized from a washroom of the Curlies restaurant in Anjuna. So far, five persons have been arrested in this case, including her personnel assistant Sudhir Sangwan and his friend Sukhwinder Singh.

Phogat's murder case to be probed by DySP rank officer