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

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls
Shiromani Akali Dal (SAD) President Sukhbir Singh Badal on Wednesday announced the formation of a 15-member manifesto committee for the Lok Sabha polls in Punjab for 13 seats slated on June 1.

Akali Dal constitutes 15-member manifesto committee for Lok Sabha polls

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail
The AAP leader also said that during his six-month incarceration, he learned that according to the jail manual, any individual in custody has the right to pen an unlimited number of letters.

Kejriwal will not resign, says Sanjay Singh; meets CM's wife after release from jail

PM Modi to address election rally in Pushkar on April 6

PM Modi to address election rally in Pushkar on April 6
Prime Minister Narendra Modi will address an election rally at Pushkar in Rajasthan's Ajmer district on April 6, the state BJP said on Wednesday.

PM Modi to address election rally in Pushkar on April 6

Go to people, apprise them about achievements, Punjab CM tells MLAs

Go to people, apprise them about achievements, Punjab CM tells MLAs
Punjab Chief Minister Bhagwant Mann, eyeing to win all 13 Lok Sabha seats in the state based on the historic mandate for his AAP in the 2022 Assembly elections, on Wednesday held a meeting with all MLAs of Sangrur. He asked them to run a positive campaign where AAP leaders will go to the people and apprise them of the government's works and achievements in the past two years.

Go to people, apprise them about achievements, Punjab CM tells MLAs

PM Modi hails India’s coal production crossing 1 billion tonnes for first time

PM Modi hails India’s coal production crossing 1 billion tonnes for first time
Prime Minister Narendra Modi has said India crossing 1 billion tonnes in coal and lignite production during 2023-24, “marks a historic milestone for the country, reflecting our commitment to ensuring a vibrant coal sector.” Hailing the achievement as a “remarkable development,” PM Modi said, “This also ensures India's path towards Aatmanirbharta in a vital sector.”

PM Modi hails India’s coal production crossing 1 billion tonnes for first time

Excise policy case: Delhi court to hear ED's arguments on Manish Sisodia's bail plea on April 6

Excise policy case: Delhi court to hear ED's arguments on Manish Sisodia's bail plea on April 6
A court here on Tuesday heard former Deputy Delhi Chief Minister Manish Sisodia's bail application with arguments focusing on the alleged delay in completing the investigation in connection with the probe into the excise policy case. Senior advocate Mohit Mathur for Sisodia, argued that despite 11 months passing since the investigation concluded, there has been no evidence linking Sisodia to the alleged bribe money.

Excise policy case: Delhi court to hear ED's arguments on Manish Sisodia's bail plea on April 6