Calcutta, March 14: Coal India executives today called off their strike, that began yesterday, after the management assured them that it would push for early implementation of their demand for performance-linked pay.
The Coal Mines Officers’ Association of India agreed to end the three-day strike after a late night meeting with the management, headed by chairman and managing director S. Narsing Rao, at the state-owned company’s headquarters here yesterday.
“We had a meeting with the management last night following which it was decided to call off the strike,” V.P. Singh, president of the officers’ association, told The Telegraph.
“The issue of PRP (performance related pay) has been endorsed by the committee of secretaries and will be put up before the cabinet as soon as possible. We expect the process to take at least four weeks,” Singh said.
Coal India has 3.49 lakh employees, of which 19,000 executives had called the strike, pressing for the implementation of performance-related pay and the new pension scheme, which requires the coal ministry’s approval.
The committee of secretaries, which constitutes the cabinet secretary and secretaries of departments such as coal, public enterprises and legal affairs, had to hold a meeting earlier than scheduled on account of the strike and decided to refer the matter to the cabinet.
The officers’ strike affected output by 4 lakh tonnes, adding to the woes of the coal miner that is projected to miss the current financial year’s target of 482 million tonnes by more than 10 million tonnes.