"Five trade unions of Coal India -INTUC, BMS, HMS, AITUC and CITU had opposed any move to privatise coal sector and had proposed a strike on November 24, which was withdrawn on government assurance that it will hold discussions with unions before introducing the Bill in Parliament," Rashtriya Koyala Khadan Mazdoor Sangh said today.
"The five unions will hold a meeting in Ranchi on December 15 to chalk out a strategy to oppose the injustice," it said.
The statement said the Bill will pave way for privatisation of the sector.
The reaction of the union came soon after the Lok Sabha passed the Coal Mines (Special Provisions) Bill, which replaces and Ordinance promulgated in October, paving way for auction of 204 mines cancelled by the Supreme Court in September.
Coal Minister Piyush Goyal, however, had allayed concerns raised by some members that the new legislation would pave the way for de-nationalisation or privatisation of the coal sector and said, "we are in fact strengthening" Coal India Limited.
Earlier, accusing the government of trying to 'privatise' the coal sector, unions had announced a day-long strike on November 24 demanding scrapping of the move, which was called off later.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
