Coal India, SCCL workers plan strike on September 24

KOLKATA: Workmen at Coal IndiaNSE -0.76 % (CIL) and Singareni Collieries Company (SCCL) are likely to go on a one-day strike on September 24 after the Centre and staff unions failed to reach common ground during talks held over the weekend. Staff members want industrial action against the government’s move late August allowing total foreign ownership of coal mines.

Five unions working together have refused to hold further discussions with the government before October. It is estimated that Coal India, the near-monopoly miner of the solid fuel, may lose up to Rs 130 crore a day due to industrial action.

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