The Telegraph
Wednesday , March 12 , 2014
CIMA Gallary

Talks fail, CIL strike on course

Calcutta, March 11: The executives of Coal India are going ahead with the proposed three-day strike from March 13, following the management’s inability to offer any assurance on the demand for a wage hike.

V.P. Singh, president of the Coal Mines Officers’ Association of India, said the executives had met Coal India chairman today to present their case before going on a strike. “There was no concrete assurance from the management today. So we are going forward with the strike,” he told The Telegraph.

Besides disrupting production, the strike will delay a board meeting scheduled on March 13 on the public-private partnership model in mining.

Meanwhile, the Centre is likely to deliberate on the delayed implementation of performance-related payment of wages to over 20,000 executives of Coal India on March 14.

A committee of secretaries comprising the cabinet secretary and secretaries from departments such as coal, public enterprises and legal affairs along with the Coal India management will meet on March 14 in Delhi.

According to CIL executives, in a meeting in February, the committee had proposed the creation of a corpus by Coal India comprising the pending performance-related payment from 2007-08. A final decision on this could be taken in the next meeting. The proposal, if accepted, could see the PSU miner shelling out about Rs 200 crore annually.