News Karnataka
Monday, March 04 2024

Kerala Fuel Dealers Withhold Credit for Govt Vehicles Over Unsettled Dues

Photo Credit : IANS

Thiruvananthapuram : The petroleum dealers have made the decision to stop providing fuel to state government vehicles on credit as of January 1 due to the Kerala government’s mounting debts to them and their dire financial situation.

The choice was made during a meeting of the All Kerala Federation of Petroleum Traders because its members, who have provided gasoline to state government vehicles under credit, are having difficulty continuing because the state government hasn’t paid them since June.

According to the procedures, all state government vehicles, including of state-run public sector organisations fill up fuel from the various retail private outlets on credit and the payment is made later.

With the state’s financial position appallingly poor, numerous retail outlets have to receive from the state government ranging from Rs 5 to Rs 25 lakh and with the dealers getting no credit from the three public sector oil companies, the traders body comprising of around 2,000 members decided that they will not be giving any more fuel, till their outstanding dues are cleared.

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