Close X
Saturday, November 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

Over 10K illegal immigrants detected in Manipur in last 5 years: CM Biren Singh

Over 10K illegal immigrants detected in Manipur in last 5 years: CM Biren Singh
Manipur Chief Minister N. Biren Singh on Friday said that 10,675 illegal immigrants, mostly Myanmarese, were detected in the state in the last five years. Replying to the queries of the MLAs in the Assembly, the Chief Minister said that the Free Movement regime (FMR) has been kept under suspension since June 29, 2021, and the Home Ministry has recommended to the Ministry of External Affairs (MEA) to completely scrap the FMR.

Over 10K illegal immigrants detected in Manipur in last 5 years: CM Biren Singh

Arms, ammunition recovered in J&K’s Rajouri District

Arms, ammunition recovered in J&K’s Rajouri District
Security forces on Thursday recovered arms, ammunition and explosives in Jammu and Kashmir’s Rajouri District. Officials said, “On a specific input received by the security forces, a joint team of the police, Army and BSF launched a search operation in Kalakote area of Rajouri District.

Arms, ammunition recovered in J&K’s Rajouri District

PM Modi monitoring situation in Himachal after heavy rains, cloudburst

PM Modi monitoring situation in Himachal after heavy rains, cloudburst
Prime Minister Narendra Modi has been closely monitoring the situation in Himachal Pradesh in the wake of heavy rains and a cloudburst, sources said on Thursday. He has asked officials to ensure all possible assistance to the affected as relief operations are underway.

PM Modi monitoring situation in Himachal after heavy rains, cloudburst

India is young country with old politicians, must aspire for younger ones: Raghav Chadha

India is young country with old politicians, must aspire for younger ones: Raghav Chadha
Rajya Sabha MP, Raghav Chadha, while addressing the Upper House on Thursday advocated for a reduction in the minimum age to contest elections, stressing the need for younger representation in Indian politics. He highlighted that India, with an average age of 29 years, is one of the youngest countries globally, yet the age of its politicians does not reflect this youthful demographic.

India is young country with old politicians, must aspire for younger ones: Raghav Chadha

Wayanad disaster toll reaches 281, 200 still missing, CM Vijayan stresses on rehabilitation

Wayanad disaster toll reaches 281, 200 still missing, CM Vijayan stresses on rehabilitation
The massive rescue operation, involving personnel from all three defence forces, police, disaster relief agencies, and fire services, besides locals and volunteers, is currently on at the four worst-affected landslide areas of Wayanad -- Churalpara, Velarimala, Mundakayil, and Pothukalu.

Wayanad disaster toll reaches 281, 200 still missing, CM Vijayan stresses on rehabilitation

Punjab MP Vikramjit Sahney seeks parity in fund allocation for sports

Punjab MP Vikramjit Sahney seeks parity in fund allocation for sports
Speaking in the Rajya Sabha, Sahney said Punjab with 19 athletes among the national contingent of 117 representing 16 per cent of India's Olympic participants has shown exceptional commitment and talent.

Punjab MP Vikramjit Sahney seeks parity in fund allocation for sports