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The truth behind Oil PSU salary hike
I hope this to be the last of my article on Oil PSU Officer's strike. The truth has been out and has been given reasonable publicity on the net. Even some media houses has now come to understand how govt propaganda misled them. Star news has issued an apology and TOI had ran articles giving actual facts of the strike. Here is a fig which tell the actual story of pay hike :




After seeing the chart, you need to ask yourself as to how an entry level executive earn 1 lakh per month salary as was said by those half page ad ran by govt during the strike. You also can see from the above chart that the bureaucrats have willfully scaled down the recommendation of the Justice Rao committee. However in their own case, they got it raised handsomely over and above pay commission recommendation. This is called babudom. Why a second committe consisting of only babus were formed to reconsider Justice Rao Committe's recommendation ? Oil PSUs are not like govt department. They do not eat into tax payers money. Rather they generate enormous revenue for the nation by competing with foreign multi nationals. ONGC is now operating in several countries. These Oil PSUs are not run by babus, but by professionals. The babus could not digest the fact that professionals should get suitably rewarded for their efforts.

I will be posting here few links to give more insight into the struggle of the Oil PSU workers.
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