On Diwali eve, oil firms announce intra-state rationalisation

On the eve of Diwali, oil markering companies have decided to increase the commission payable to petrol pump dealers and undertake intra-state freight rationalisation to benefit consumers located at remote locations (far from petrol and diesel depots of OMCs). The decision will help decrease fuel prices in several parts of the country.

Official sources said this decision would be implemented later in poll-bound states and constituencies.

“This reflects PM Narendra Modi’s vision to bring even far-flung areas on a par with rest of the country in terms of facilities,” Petroleum Minister Hardeep Puri said.

Kaza in Himachal Pradesh will see petrol price reduce by Rs 3.59 a litre and diesel by Rs 3.13 a litre. Uttarakhand’s Badrinath will see petroleum price decline by Rs 3.83 a litre and diesel by Rs 3.27 per litre.

Puri said the dealer commission hike would improve services to approximately 7 crore citizens who visited fuel retail outlets in the country everyday, and that too without increasing fuel prices.

“The fulfilment of this demand pending for the last seven years will bring happiness in the lives of petrol pump dealers and nearly 10 lakh staff working at more than 83,000 petrol pumps across the country,” he said.