The government today indicated that it was not contemplating any action against the management of oil PSUs, which last week saw a three-day strike that crippled fuel supplies across the country.
"Everyone has undergone a great deal of trauma, we have had a tough experience. I don't think you all should start finding fault. It is the time to look ahead to the future," Petroleum Secretary R S Pandey told reporters here.
When asked if the government would enquire into the alleged complicity with the striking executives and take action against them, Pandey said, "I am not aware of any action (being taken against any PSU chairman and director)."
Pandey said the government would do introspection so that such things do not reoccur in the future. "No one will be able to hold the country to ransom," he added.
A committee of ministers headed by Home Minister P Chidambaram will look into the demand for higher wages made by oil executives and give its recommendations in 30 days time. "If the committee finds all of the demands are genuine, all will be accepted. If it finds none of it as genuine, none will be accepted," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
