Coal India is expected to lose at least 3.6 million tonne (mt) of production and an equal amount of coal sales, estimated around Rs 500 crore, after four central trade unions (CTUs) decided to join the nationwide two-day strike beginning on January 8.
Four trade unions — Congress-backed Indian National Trade Union Congress (INTUC), CPI-backed All India Trade Union Congress, CPI(M)-backed Centre of Indian Trade Unions and Forward Bloc-supported Hind Mazdoor Sabha — have given a call to stop mining activities in the company, on the lines of the nationwide strike called in protest against several government policies.
The BJP-led Bharatiya Mazdoor Sangh, the second-largest trade union in Coal India, will abstain from the strike. Read More
Latest posts by Business-Standard.com (see all)
- Yogi’s poll bonanza: UP power consumers spared ‘tariff hike’ shock - January 23, 2019
- Railways to eliminate last unmanned level crossing ahead of 2020 target - January 22, 2019
- India, Mauritius review ties, cooperation in Blue Economy - January 22, 2019