Close X
Friday, November 1, 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

Odisha: BJD releases election manifesto with focus on youth & farmers

Odisha: BJD releases election manifesto with focus on youth & farmers
The ruling Biju Janata Dal (BJD) in Odisha on Thursday released its poll manifesto for the upcoming elections in Odisha.

Odisha: BJD releases election manifesto with focus on youth & farmers

India cannot depend on other countries for its security: Defence Secretary

India cannot depend on other countries for its security: Defence Secretary
India cannot depend on other countries for its security and safeguarding national interests, Defence Secretary Giridhar Aramane said on Thursday.  

India cannot depend on other countries for its security: Defence Secretary

Nitin Gadkari announces Rs 200 crore airport at Paradip in Odisha rally; urges voters to back BJP nominees

Nitin Gadkari announces Rs 200 crore airport at Paradip in Odisha rally; urges voters to back BJP nominees
Union Minister Nitin Gadkari on Thursday, while addressing a rally at Krushnaprasad area in the Puri Lok Sabha constituency in Odisha, announced construction of a Rs 200 crore airport in Paradip -- a key industrial centre and seaport city in the state.

Nitin Gadkari announces Rs 200 crore airport at Paradip in Odisha rally; urges voters to back BJP nominees

Revanth Reddy questions delay over setting up Turmeric Board

Revanth Reddy questions delay over setting up Turmeric Board
Telangana Chief Minister A. Revanth Reddy on Wednesday alleged that the BJP cheated turmeric farmers of Nizamabad by not setting up the National Turmeric Board even after making the promise five years ago.

Revanth Reddy questions delay over setting up Turmeric Board

RML Hospital bribery case: CBI books over 15 including 2 doctors

RML Hospital bribery case: CBI books over 15 including 2 doctors
The Central Bureau of Investigation (CBI) on Wednesday said that over 15 people including 2 doctors of RML Hospital have been booked for allegedly indulging in corrupt practices and collecting bribes from patients.

RML Hospital bribery case: CBI books over 15 including 2 doctors

Delhi L-G recommends NIA probe into alleged funding of AAP by extremist group

Delhi L-G recommends NIA probe into alleged funding of AAP by extremist group
The Lieutenant Governor of Delhi, V.K. Saxena, has written to the Ministry of Home Affairs (MHA) seeking a probe by the National Investigation Agency (NIA) into the alleged funding of the Aam Aadmi Party (AAP) led by Chief Minister Arvind Kejriwal by pro-Khalistan extremist group Sikhs For Justice.

Delhi L-G recommends NIA probe into alleged funding of AAP by extremist group