Coal India executives call off strike
Coal Mines Officers Association of India (CMOAI) General Secretary P K Singh said the we have decided to defer the strike after the assurance for four to five weeks.
"Following a meeting between the CIL management and the Officers Association, which started around 9.30 PM on Thursday and went on for five hours till 2.30 AM on Friday, the Association decided on deferring the strike because the government has taken up their case favourably. In fact, the committee of secretaries in a meeting on Wednesday recommended implementation of the variable pay for all officers. This was conveyed to the Association and they decided on deferring the strike," said director personal R Mohandas.
Nevertheless, CIL lost about 30 lakh tonnes of production on Thursday as the officers were on strike. It managed to produce around 1.4 million tonnes against the average production of 1.7 million tonnes on other days during this time. Despatches were around 1.4 million tonnes during the sat.
The Association had submitted a three-day strike notice from March 13. This prompted the management to postpone its board meeting scheduled on the same day to 20th March.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.