The 7-member committee, headed by former Hindustan Petroleum chairman M B Lal attributed the fire to lack of safety procedures and human error.
The Special Operation Group and the anti-terrorism squad of Rajasthan Police arrested Mohd Sirazudin, the marketing manager of IOC in Jaipur.
The toll in the fire at Indian Oil Corporation's fuel depot outside Jaipur may rise to nine, as six missing employees are now feared dead, even as fire fighters and the Army worked to contain the blaze that has burnt nearly Rs 150 crore worth of auto fuel.
Two more bodies were spotted at the burning Indian Oil Corporation fuel depot in Jaipur on Sunday, pushing the toll to 10.
Though General Insurance Corporation of India has a majority stake of 40 per cent as the re-insurer, the rest was re-insured with global reinsurers.
Financial losses at nearby units in crores, air quality severely affected
Over 50 locals residing in the vicinity of the fuel depot at Sitapura, 20 km from Jaipur, have reported to various hospitals complaining of itching, eye burning, suffocation and skin allergies due to the fire which broke out on Thursday. Chief Fire Officer Ishwarlal Jat said the blaze in the two remaining petrol tanks has reduced considerably but it will probably take one more day for it to completely die down.
Two days after a massive fire broke out at the Indian Oil Corporation fuel depot near Jaipur, the flames died down in five of the 11 storage tanks even as three more bodies were recovered from the site on Saturday, taking the toll to nine.
Describing DBT for LPG as a 'tremendous success,' Oil Minister M Veerappa Moily said the programme, when implemented throughout the country, would help save Rs 8,000-9,000 crore (Rs 80-90 billion) of subsidy from going to unintended beneficiaries.