Close X
Saturday, November 23, 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

PM Modi's 2024 I-Day speech longest ever by an Indian Prime Minister

PM Modi's 2024 I-Day speech longest ever by an Indian Prime Minister
Prime Minister Narendra Modi on Thursday delivered his longest Independence Day speech at 98 minutes from the ramparts of the historic Red Fort. This was the second record that he set with his 11th consecutive address. The other one is surpassing his predecessor Manmohan Singh's 10 Independence Day addresses to become the third PM to achieve the feat.

PM Modi's 2024 I-Day speech longest ever by an Indian Prime Minister

Fulfilling aspirations of freedom fighters govt's priority: Punjab CM

Fulfilling aspirations of freedom fighters govt's priority: Punjab CM
Punjab Chief Minister Bhagwant Mann on Thursday said to fulfill aspirations of freedom fighters, the government is according top priority to the health and education sectors in the state. Addressing the gathering a state-level function to mark the martyrdom day of Shaheed Karnail Singh Issru, the hero of Goa liberation, the Chief Minister said to achieve this goal the state has given a facelift to the schools and hospitals.

Fulfilling aspirations of freedom fighters govt's priority: Punjab CM

RG Kar rape-murder: IMA calls 24-hour nationwide medical shutdown on Aug 17

RG Kar rape-murder: IMA calls 24-hour nationwide medical shutdown on Aug 17
The Indian Medical Association (IMA) on Thursday declared a 24-hour nationwide withdrawal of medical services starting 6 a.m. on Saturday till 6 a.m. on Sunday in protest against the brutal rape and murder of a junior doctor at the state-run R.G. Kar Medical College and Hospital in Kolkata on August 9.

RG Kar rape-murder: IMA calls 24-hour nationwide medical shutdown on Aug 17

Heavy rainfall continues to batter Jaipur; flood-like situation leaves commuters stranded

Heavy rainfall continues to batter Jaipur; flood-like situation leaves commuters stranded
Heavy rainfall continued battering Rajasthan capital Jaipur, for the second consecutive day on Thursday with many areas of the city witnessing a flood-like situation and waterlogging in several stretches, leaving commuters stranded on roads. An official said civil defence teams were dispatched to areas where the flood-like situation was deemed severe, while residents were moved to safer places.

Heavy rainfall continues to batter Jaipur; flood-like situation leaves commuters stranded

Congress cheated farmers in the name of crop loan waiver, says BRS

Congress cheated farmers in the name of crop loan waiver, says BRS
Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao on Thursday accused the Congress government in Telangana of deceiving and defrauding farmers under the guise of a Rs 2 lakh loan waiver. KTR, as the BRS leader is popularly known, slammed the government for reducing the number of beneficiaries.

Congress cheated farmers in the name of crop loan waiver, says BRS

Three jobs away from fulfilling 1 lakh job promise: Assam CM

Three jobs away from fulfilling 1 lakh job promise: Assam CM
Assam Chief Minister Himanta Biswa Sarma on Tuesday announced that the BJP-led government in the state is just three jobs away from fulfilling its poll promise of giving 1 lakh government jobs to unemployed youth. He also said that the transfer posting of state government employees will be done through a specific app in the coming days.

Three jobs away from fulfilling 1 lakh job promise: Assam CM