CIL worker unions defer proposed March 29 strike

The proposed strike on March 29 by state-owned CIL employee unions has been deferred after a meeting between trade unions and Coal India management today.
"They (trade unions) have deferred the strike," Coal India Director (Personnel & Industrial Relation) R Mohan Das told PTI.
Indian National Mine Workers' Federation (INTUC) also said in a statement that the one-day token strike in the coal industry, has been deferred.
"After fruitful discussions at the level of Minister of State for Coal Piyush Goyal at New Delhi on March 14, a review meeting was held at Coal India level at CIL Kolkata today... and after marathon discussions and in view of the positive approach, the proposed one-day strike on March 29 in all the mines/units of subsidiaries of Coal India Ltd/SCCL stands deferred," the statement said.

The four central trade unions (CTUs) of the coal sector had earlier given a notice to go on strike on March 29.
The meeting of unions with Goyal had remained "inconclusive" 14 after the latter directed the Coal India management to further deliberate on all pending issues.

INMF Secretary General S Q Zama had earlier said a host of issues came up for discussion in the meeting of the trade unions with the minister last week, including Coal India disinvestment and enhanced wages for contract workers of the coal PSU.
Earlier, minister is believed to have asked the coal PSU to create an effective grievance redressal mechanism.

The unions were protesting against divestment of the coal PSU among a host of other issues.
An official had earlier said the 10 per cent stake sale in CIL is likely to be deferred to the next fiscal as the government wants to wait for stability in stock markets for a better valuation.
The government had last sold 10 per cent in the blue-chip on January 31, 2015, at the floor price of Rs 358 and mobilised Rs 22,557 crore.
In November, the Cabinet approved additional 10 per cent stake sale in Coal India. The government currently owns 79.65 per cent in the maharatna.