Close X
Wednesday, October 30, 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

Dera Sacha Sauda chief gets 21-day furlough, 10th in four years

Dera Sacha Sauda chief gets 21-day furlough, 10th in four years
Ahead of the Assembly polls in Haryana, likely slated in October, rape convict and Dera Sacha Sauda chief Gurmeet Ram Rahim, who is undergoing a 20-year sentence for raping two disciples, was granted a 21-day furlough on Tuesday, 10th time in four years. After the parole, he will be staying in his sect’s Dera in Bagphat in Uttar Pradesh.

Dera Sacha Sauda chief gets 21-day furlough, 10th in four years

AAP to launch 'Aapka MLA Aapke Dwar' programme in Punjab

AAP to launch 'Aapka MLA Aapke Dwar' programme in Punjab
The Aam Aadmi Party (AAP) will launch the 'Aapka MLA Aapke Dwar' programme in Punjab. Chief Minister Bhagwant Mann on Tuesday convened a meeting with party MLAs and MPs to discuss this initiative and related matters. The Chief Minister also reviewed the development work in each constituency and discussed it with the respective MLAs.

AAP to launch 'Aapka MLA Aapke Dwar' programme in Punjab

Rape convict Asaram Bapu gets 7-day parole for ayurvedic treatment

Rape convict Asaram Bapu gets 7-day parole for ayurvedic treatment
Asaram has been serving life imprisonment in Jodhpur prison following his conviction under the Protection of Children from Sexual Offences (POCSO) Act and other offences by a trial court in 2018 for raping a minor girl. The division bench of Justice Pushpendra Singh Bhati on Tuesday granted interim parole to Asaram, who was admitted to the AIIMS in Jodhpur four days back.

Rape convict Asaram Bapu gets 7-day parole for ayurvedic treatment

India’s defence exports shoot up by 78 pc in April-June

India’s defence exports shoot up by 78 pc in April-June
According to the Economic Survey 2023-24, tabled in Parliament on July 22, India recorded its highest-ever defence exports, totalling $2.5 billion (Rs.20,915 crore) in FY 2023-24. This marks a 25 per cent increase from $2 billion in FY 2022-23, reflecting a consistent upward trajectory over recent years.

India’s defence exports shoot up by 78 pc in April-June

Wanted drugs smuggler lands in Punjab Police net, sent to Dibrugarh jail

Wanted drugs smuggler lands in Punjab Police net, sent to Dibrugarh jail
The accused, who is a native of Havelian village in Tarn Taran district and was presently out on bail, faces over 15 criminal cases, majority of them under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, and Arms Act. The DGP said Billa has been detained under Section 3 (1) of the Prevention of Illicit Traffic in NDPS Act, and sent to Dibrugarh in Assam.

Wanted drugs smuggler lands in Punjab Police net, sent to Dibrugarh jail

SC to hear Kejriwal’s plea challenging arrest by CBI on Wednesday

SC to hear Kejriwal’s plea challenging arrest by CBI on Wednesday
The Supreme Court is slated to hear Delhi Chief Minister Arvind Kejriwal’s plea challenging his arrest by the CBI in the alleged liquor policy scam on Wednesday. As per the cause list published on the official portal of the apex court, a bench of Justices Surya Kant and Ujjal Bhuyan will also consider CM Kejriwal’s bail plea in the corruption case.

SC to hear Kejriwal’s plea challenging arrest by CBI on Wednesday