Four Central unions at Coal India (CIL) have called a two-day strike from January 8, demanding more money and no further sale of government stake. This can lead to a loss of Rs 450 crore in revenue and 3.4 million tonnes of output at a time when 13 power plants have critically low stocks of coal.
CITU, HMS, AITUC and INTUC, representing a majority of 280,000 CIL workers, are serving individual strike notices to the management. BMS will stay off the strike.
The demands include a minimum wage of Rs 18,000 per month, pension of at least Rs 3,000 per month, discontinuation of privations of PSUs, including CIL, equal salaries and benefits for contract workers and removal of ceiling for bonus, ESI, provident fund and gratuity. Read More
Latest posts by The Economic Times (see all)
- Power plants go slow on unloading coal stock - March 26, 2019
- Regulator drops plan to force LNG terminals to reserve share for common use - March 26, 2019
- Kalpataru Power buys 85% in $24 million Swedish firm to enter Europe - March 25, 2019