State-owned CIL’s management is likely to start negotiations with the trade unions this month over the salary hike, a move that is likely to have financial impact on the world’s largest coal miner to a large extent, a trade union leader said on Wednesday.
Nathulal Pandey, president of HMS-affiliated Hind Khadan Mazdoor Federation, said Coal India Ltd’s (CIL) management held a meeting with the unions 2-3 days ago.
In the meeting, the PSU communicated the unions about the go-ahead from the coal ministry on the formation of a joint bipartite committee for wage negotiations for the coal industry, he added.
The committee for the coal industry comprises representatives from management and central employees’ unions.