The executive officers of all public sector oil companies have decided to defer the indefinite strike by one week. Strike was called by their union demanding early disposal of higher wage issue by Union Government. The matter of high wages is pending before the government since January, 2007.

High wages have been recommended by Justice Rao Committee and a Committee of Secretaries has approved it for employees of all public sector units. But the union cabinet has failed to take any decision so far, forcing 50,000 officers in 14 oil PSUs to take extreme step.

Oil Sector Officers Association (OSOA) President, Mr. Amit Kumar said that the cabinet would discuss the matter during its forthcoming meeting on November 20. Thus, association has decided to put off strike by a week and it would chalk out new strategy after government's response to their demands.

Meanwhile, union Oil Minister has welcomed the decision of Oil Sector Officers Association to call off strike. He had earlier requested to put off strike for the larger interests of the country.