Friday, January 09, 2009

Strike by trucker association and oil executives add salt to injury for Indian economy

The strike by agitated trucker association compounded with the executives of oil PSUs add salt to injury for the Indian Economy. Pumps all over the country went short of fuel and the long line in the oil pumps are visible everywhere.

The dialogue failed between the minister and the executives and states imposed ESMA to counter the agitation.

But kudos to the step taken by the central government to ease the matter as it threatened the executives to resume work or face strong actions. The govt even sought help from the military to resume the supply.

Delhi is under severe pressure as gas supply to 2 of its gas based units curtailed. If situation does not improve, it is feared that there will be no more fuel to run the public transport system as well. the prices of vegetable shoot up due to truckers strike and the situation aggravated because of adamant nature of oil executives.

They are demanding for a pay hike as compared to their senior counterparts in 6th pay commission.

The question arises :" is it the only way to press the government to listen to their demand by jeopardising the common public at large??

Obviously NO. We pay to the government in form of taxes and to face situation like this is quite illogical.

Though I strongly believe that government should create a bench mark for salary distribution and even the private companies must be brought under some kind of regulation regarding the pay structure.

Why dont India take the other way around like what the Japan system is. They produce more in order to show their anger against the government or any company.

But in India strike by Unions in any of the form not only a major setback to the economy but indirectly the cost of people suffering out of these strike is huge. No one calculates this invisible cost of sufferings.

There must be some other way around to show the reservation against any judgement but obviously not the strike.
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