Close X
Sunday, November 17, 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 abolishes physical stamp papers

Punjab abolishes physical stamp papers
The decision taken by the government will at least save Rs 35 crore annually, which was incurred on printing of stamp papers, besides facilitating the public to obtain stamp papers in a hassle-free manner.

Punjab abolishes physical stamp papers

Sidhu Moosewala was breathing even after attack, locals claim

Sidhu Moosewala was breathing even after attack, locals claim
He was found soaked in blood on the driving seat of the Mahindra Thar SUV. There were two more occupants in the car -- Sidhu's friends, Gurwinder Singh and Gurpreet Singh.

Sidhu Moosewala was breathing even after attack, locals claim

Punjab DGP strengthens SIT to probe Moosewala killing

Punjab DGP strengthens SIT to probe Moosewala killing
As per the information, Shubhdeep Singh, popularly known as Sidhu Moosewala, who left his house around 4.30 p.m. on Sunday along with two persons -- Gurwinder Singh (neighbour) and Gurpreet Singh (cousin), was shot dead by some unidentified persons.

Punjab DGP strengthens SIT to probe Moosewala killing

President confers one Kirti Chakra, 14 Shaurya Chakras

President confers one Kirti Chakra, 14 Shaurya Chakras
The gallantry awards were given to the personnel of the armed forces, central armed police forces and state/Union Territory police forces for displaying conspicuous gallantry, indomitable courage, and extreme devotion to duty.

President confers one Kirti Chakra, 14 Shaurya Chakras

Candle light vigil in Kulgam against killing of school teacher by terrorists

Candle light vigil in Kulgam against killing of school teacher by terrorists
People in Kulgam took out a protest march holding placards and candles in their hands, condemning the brutal killing of civilians by terrorists in Kashmir, and demanded an end to violence.

Candle light vigil in Kulgam against killing of school teacher by terrorists

Youth Cong takes out peace march to pay tribute to Moosewala

Youth Cong takes out peace march to pay tribute to Moosewala
Youth Congress national president Srinivas BV said that within a span of a few months, the AAP government has shown Punjab everything which was unimaginable.

Youth Cong takes out peace march to pay tribute to Moosewala