PTI reported that CIL will meet trade unions on Friday to make a last ditch attempt to avert a proposed 3 day strike beginning from September 23rd.

Mr R Mohan Das director of CIL said that the third meeting is slated for day after tomorrow (September 20) after the last two held in August proved inconclusive.

Mr Das said that “There is another meeting due on Friday. We hope to clinch a deal. Most probably the strike will not take place.”

CIL officials said that for each day of the strike, the PSU will face a production shortfall of 1 million tonnes. There are 5 trade unions belonging to different political banners, including Congress, BJP and Left Front.

The unions had already served a strike notice to the company mainly to stop the government’s plan to divest further 5% of the company’s equity.

CIL, which accounts for about 80% of India’s coal output, will miss its offtake target by close to 2.5 million tonnes till September 30th against a target of 224 million tonnes.

Courtesy – PTI