Coal strike ends, govt rules out CIL denationalisation

Coal strike ends, govt rules out CIL denationalisation
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Highlights

Coal workers\' trade unions late on Wednesday night called off their two-day old nationwide strike after reaching an agreement with the government, which ruled out denationalisation of Coal India Ltd (CIL) and promised to protect interests of the PSU\'s employees.

New Delhi: Coal workers' trade unions late on Wednesday night called off their two-day old nationwide strike after reaching an agreement with the government, which ruled out denationalisation of Coal India Ltd (CIL) and promised to protect interests of the PSU's employees.

"There is no intention for denationalisation of CIL. The present and future interest of CIL employees will not be affected in any manner. The CIL will be protected and there need be no apprehension about its ownership," Coal and Power Minister Piyush Goyal told reporters here.

CIL chief Suthirtha Bhattacharya has said the strike is off with immediate effect. The calling off of the strike midway will bring relief to the power sector that has faced prospect of fuel supplies drying up due to closure of half of the country's coal mines during the strike.

Indian National Mineworkers' Federation (INTUC) President Rajendra Singh also confirmed that the strike has been called off and an agreement with the government is being signed. "The strike has been called off," AITUC leader Lakhan Lal Mahato said after a meeting with the Coal Minister that lasted for over six hours.

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