Close X
Wednesday, November 20, 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

Farmers' protest: Govt submits written assurance, SKM may take final call on Wed

Farmers' protest: Govt submits written assurance, SKM may take final call on Wed
Farmers' agitation on the borders of the national capital is likely to end soon as the Centre on Tuesday gave a written assurance on their demands. After a meeting in the evening, the Samyukt Kisan Morcha (SKM), which is spear-heading the agitation, said that they will meet again on Wednesday as they have sought some clarifications from the government on its communication.

Farmers' protest: Govt submits written assurance, SKM may take final call on Wed

Modi, Putin discuss regional, global developments, including Afghanistan situation

Modi, Putin discuss regional, global developments, including Afghanistan situation
Accompanied by a high-level delegation, Putin visited New Delhi for the 21st India-Russia annual summit. He extended an invitation to Modi to visit Russia for the 22nd India-Russia Annual Summit in 2022.

Modi, Putin discuss regional, global developments, including Afghanistan situation

Maha reports Omicron cases for 3rd day running, tally now 10

Maha reports Omicron cases for 3rd day running, tally now 10
For the third consecutive day, Maharashtra reported cases of Covid-19 variant Omicron, with two more in Mumbai taking the state's tally to 10, health officials said on Monday.

Maha reports Omicron cases for 3rd day running, tally now 10

Gangsters posing as cops extort over Rs 1 Cr from dozen victims

Gangsters posing as cops extort over Rs 1 Cr from dozen victims
Police officials said that the gang of six members, including two women, began its activities just before the first lockdown in 2020. The main member, the kingpin of the racket, identified as Neeraj of Haryana's Bahadurgarh, was apprehended by the police near PVR Cinema, Sector-14, Prashant Vihar, Rohini.

Gangsters posing as cops extort over Rs 1 Cr from dozen victims

Amarinder, SAD, BJP hand in glove to curb Punjab's rise: Channi

Amarinder, SAD, BJP hand in glove to curb Punjab's rise: Channi
Punjab Chief Minister Charanjit Channi on Monday blamed his predecessor Amarinder Singh, Shiromani Akali Dal President Sukhbir Badal and the BJP for clandestinely harming the state's interests, with their sole focus on the forthcoming Assembly polls.

Amarinder, SAD, BJP hand in glove to curb Punjab's rise: Channi

Not our jurisdiction: Delhi Police to court on plea seeking FIR against Khattar

Not our jurisdiction: Delhi Police to court on plea seeking FIR against Khattar
The Delhi Police on Monday told a court that no cognisable offence was committed under its jurisdiction, while replying to a plea seeking lodging of an FIR against Haryana Chief Minister Manohar Lal Khattar for his alleged remarks against the protesting farmers in a video. The Delhi Police's submission came after the court sought an action taken report (ATR) in the matter.

Not our jurisdiction: Delhi Police to court on plea seeking FIR against Khattar