Close X
Thursday, October 31, 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

16-year-old Indian scales Mount Everest, sets sight on conquering Antartica's Vinson Massif

16-year-old Indian scales Mount Everest, sets sight on conquering Antartica's Vinson Massif
The Indian Navy on Thursday congratulated Kaamya Karthikeyan, a 16-year-old class XII student of Navy Children School in Mumbai, on becoming the youngest Indian and the second youngest girl in the world to summit Mount Everest from the Nepal side. In a unique father-daughter feat, Kaamya, along with her father Cdr S. Karthikeyan of the Indian Navy, successfully submitted the 8849 m Mount Everest summit on May 20.  

16-year-old Indian scales Mount Everest, sets sight on conquering Antartica's Vinson Massif

6 killed, 48 hurt after triple explosions and fire rock Thane chemical factory

6 killed, 48 hurt after triple explosions and fire rock Thane chemical factory
At least six persons were killed and 48 others were injured after three powerful explosions followed by a massive fire engulfed a chemical factory located in the MIDC complex at Dombivali in Thane district on Thursday afternoon. The triple explosions at quick intervals were so huge that they shook nearby homes, and shattered windowpanes as terrified locals rushed onto the street. The sound of the explosions could be heard from several kilometres away, locals said.

6 killed, 48 hurt after triple explosions and fire rock Thane chemical factory

Patiala is lucky as PM Modi will start Punjab poll campaign from the city: Preneet Kaur

Patiala is lucky as PM Modi will start Punjab poll campaign from the city: Preneet Kaur
Expressing happiness and confidence in Prime Minister Narendra Modi's visit to Punjab's Patiala on Thursday, BJP candidate from here, Preneet Kaur, said: "Patiala is so lucky that Prime Minister Narendra Modi, is going to start the election rallies in Punjab from the historic district of Patiala." Kaur shared her happiness during an interaction with the media on Wednesday and said PM Modi's agenda is of a developed India.

Patiala is lucky as PM Modi will start Punjab poll campaign from the city: Preneet Kaur

Swati Maliwal assault case: Bibhav Kumar taken to Mumbai by Delhi Police

Swati Maliwal assault case: Bibhav Kumar taken to Mumbai by Delhi Police
Delhi Police on Tuesday took Bibhav Kumar, the former personal secretary of Chief Minister Arvind Kejriwal to Mumbai in connection with the assault on AAP Rajya Sabha member Swati Maliwal, police official privy to the probe said.

Swati Maliwal assault case: Bibhav Kumar taken to Mumbai by Delhi Police

Met officials warn of severe heat wave in Rajasthan, mercury may hit 48-degree Celsius in some parts

Met officials warn of severe heat wave in Rajasthan, mercury may hit 48-degree Celsius in some parts
As Rajasthan continues to reel under an intense heat wave, the maximum temperature breached the 45-degree Celsius mark in many parts of the state in the last 24 hours. Pilani recorded the highest temperature at 46.6-degree Celsius, followed by Ganganagar (46.3) Barmer (46.1), Phalodi (46), Dholpur (45.9), and Kota (45.8).

Met officials warn of severe heat wave in Rajasthan, mercury may hit 48-degree Celsius in some parts

Disguised as chole bhature seller, wanted criminal nabbed from UP

Disguised as chole bhature seller, wanted criminal nabbed from UP
A man absconding for the past 20 years in connection with the abduction and murder of a Delhi-based businessman for ransom was arrested from near the Ramlila Maidan in Mainpuri, Uttar Pradesh, where he was selling chole bhature after changing his identity, Delhi Police said on Tuesday. An official of Delhi Police's Crime Branch said that to track the movement of Sipahi Lal a.k.a Gurdayal, ASI Sonu Nain posed as a mango seller and put up a 'rehri' near the Ramlila Maidan in Mainpuri.  

Disguised as chole bhature seller, wanted criminal nabbed from UP