{"id":268148,"date":"2019-04-05T06:31:03","date_gmt":"2019-04-05T06:31:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268148"},"modified":"2019-04-05T06:31:03","modified_gmt":"2019-04-05T06:31:03","slug":"state-run-oil-cos-plan-cash-reward-for-retired-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/state-run-oil-cos-plan-cash-reward-for-retired-staff\/","title":{"rendered":"State-run oil cos plan cash reward for retired staff"},"content":{"rendered":"<p>Resource rich state oil firms, including ONGCNSE -0.16 %, Indian Oil and Bharat Petroleum, plan to reward their tens of thousands of retired staff by offering cash that rises with their age, a move that would require hundreds of crores of rupees in funding. ONGC, IOCNSE 1.45 % and BPCLNSE 0.80 % have separately decided on plans to reward retired employees. <\/p>\n<p>The plan is aimed at \u201cacknowledging the contribution made by its seniors in building the organisation,\u201d a spokesperson for Indian Oil said. \u201cIt mitigates to a small extent the hardship faced by the seniors who are drawing a meagre pension as their only means of livelihood.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resource rich state oil firms, including ONGCNSE -0.16 %, Indian Oil and Bharat Petroleum, plan to reward their tens of thousands of retired staff by offering cash that rises with their age, a move that would require hundreds of crores of rupees in funding. ONGC, IOCNSE 1.45 % and BPCLNSE 0.80 % have separately decided on plans to reward retired employees. The plan is aimed at \u201cacknowledging the contribution made by its seniors in building the organisation,\u201d a spokesperson for Indian Oil said. \u201cIt mitigates to a small extent the hardship faced by the seniors who are drawing a meagre [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-268148","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268148"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268148\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}