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Hardeep Puri has welcomed the measures taken by the OMCs aimed at reducing fuel prices
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Hardeep Puri has welcomed the measures taken by the OMCs aimed at reducing fuel prices

New Delhi, October 29, 2024-

Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday welcomed the key announcements made by the Oil Production Companies (OMCs) aimed at reducing the prices of petrol and diesel for the benefit of consumers living in remote and far-flung areas of the country. .

“I welcome the announcement by OMCs to increase the Dealer Commission paid to petrol pump dealers and the decision to implement intra-state freight rationalization for the benefit of consumers located in remote locations (far from the petrol and diesel depots of OMCs), which will result in a decline in petrol and diesel prices in several parts of the country. (Decisions in states and constituencies bound by elections will be implemented later),” the Union minister wrote on X.

The Union Minister said that “on the occasion of Dhanteras, a major gift from oil companies to petrol pump dealers is warmly welcomed!”

“The demand that has been going on for 7 years has been fulfilled! This reflects Prime Minister Narendra Modi’s vision to bring even remote areas on par with the rest of the country in terms of facilities for our citizens, such as the Northeast region connected to world-class road, air and rail infrastructure. he said.

Hardeep Singh Puri added that consumers will get better services but prices of petrol and diesel will not increase.

He said that also a major decision by the oil companies to rationalize inter-state freight transport for the benefit of consumers located in remote locations far from the petrol and diesel depots of oil marketing companies, adding that it will provide petrol and diesel to consumers in will make many countries cheaper. places.

“For example, in Kunanpally and Kalimela in Odisha’s Malkangiri, petrol price will fall by Rs 4.69 and Rs 4.55; and diesel price will fall by Rs 4.45 and Rs 4.32 respectively.

“Similarly, the price in Chhattisgarh’s Sukma will fall by Rs 2.09 in petrol price and Rs 2.02 in diesel price,” the Union minister said.

He pointed out that the increase in dealer commission will provide better services to around 7 crore citizens “who visit our fuel shops in the country every day, without increasing fuel prices”.

The Union Minister said that the fulfillment of this demand which has been pending for the past seven years will bring joy and happiness in the lives of petrol pump dealers and nearly 10 lakh staff working at over 83,000 petrol pumps across the country.

“The way for these historic decisions was paved by positive decisions taken by the Modi government and all petrol dealer associations that met at our meetings over the past few months and agreed to withdraw all pending legal proceedings on issues related to the Marketing Discipline Guidelines. (MDGs),” the Union Minister said.

Previously, Indian Oil Corp Ltd wrote about This will have no additional impact on the retail sales price of products. This will further strengthen our collective resolve in improving customer service standards and staff wellbeing in stores.”

“Furthermore, Nation First’s core value has been demonstrated: our commitment to offering affordable petrol and diesel across the length and breadth of the country on a sustainable basis has come to fruition. #IndianOil has implemented intra-state rationalization of freight transportation, which will reduce variation in retail price of products across markets within a state, except in regions where a model code of conduct is in place. Happy parties!” added the Indian oil. (Desk)