Oil PSUs propose interim package to prevent strike

Oil PSUs propose interim package to prevent strike
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First Published: Mon, Aug 20 2007. 11 19 AM IST
Updated: Mon, Aug 20 2007. 11 19 AM IST
PTI
New Delhi: Public sector oil firms are proposing an interim increase in allowances to their employees to avoid an indefinite strike called by Oil Sector Officers’ Association (OSOA).
“We have given an in-principle recognition to the merit of their demands and are proposing to give an interim relief,” ONGC chairman and managing director R S Sharma said here on 20 August.
OSOA, which has 15,000 officers from ONGC, OIL, IOCL, HPCL and BPCL among others, has called for an indefinite strike from tomorrow demanding salary revision and release of ad hoc payment.
Sharma said human resource directors of the oil PSUs have been meeting since the past two days and an interim package, consisting of ex-gratia payment and monthly allowance, has been proposed.
“We hope there will be no strike,” he said, adding that the PSUs have already put in place a contingency plan to see that oil and gas production, refinery operation and fuel retailing are not effected.
OSOA had earlier planned to go on strike in September last year but called it off after intervention and assurances by Prime Minister Manmohan Singh.
“These assurances have remained only assurances and practically nothing has been done to eliminate the miseries of officers working in oil PSUs,” OSOA said in a statement on 19 August.
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First Published: Mon, Aug 20 2007. 11 19 AM IST