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.
"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 in New Delhi on Monday.
OSOA, which comprises 15,000 officers from ONGC, OIL, IOCL, HPCL and BPCL amongst others, has called for an indefinite strike from Tuesday 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, comprising of ex-gratia