Friday, January 9, 2009

Striking Oil PSU Executives


Noida/New Delhi:

The talks between the government and striking oil PSUs failed late Thursday night over the officers' insistence on getting an immediate hike in their wages as the agitation entered the second day threatening a major disruption in supply of petrol across the country.

"We have had some discussions but we are yet to reach a conclusion. We will continue to have discussions," Indian Oil Corporation Chairman Sarthak Behuria told reporters after Petroleum Minister Murli Deora held a two-hour meeting with the striking officers that ended at Noida an hour after midnight. Officials said the striking executives pressed for an immediate in their wages as an interim step before a final settlement is arrived at.

The strike called by oil PSUs showed little signs of ending when talks between striking PSU executives and government failed late on Thursday night.Petroleum Minister Murli Deora held talks with leaders of the agitating employees of public sector oil companies as petrol pumps across the nation began to run out of stocks on the second day of the strike. The striking officers are demanding a wage hike among other things.

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