New Delhi, April 2 -- State-run oil marketing companies (OMCs) are yet to dispatch fuels to petrol pump dealers on credit for more than a day despite the Centre's assurance, according to petrol pump dealers and associations.
Dealers said credit was extended for up to five days under a revolving system till about the first week of March, but now OMCs are "insisting on advance payments for all supplies" or allowing only a day's credit for fuel purchases in some places.
United Petroleum Dealers Association, which represents dealers from 14 states, in a letter to the petroleum ministry said, "We earnestly request you to kindly intervene and direct the OMCs to immediately restore the day end credit limit and holiday credit facilities and str...
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