11:19 AM
Coal sector trade unions will decide their stand on opposition to the proposed divestment of the government’s stake in Coal India at a forthcoming meet at Chhindwara on November 20 and 21 “We are opposing this move” S. Q. Zama, General Secretary of the INTUC affiliated Rashtriya Koyla Khadan Mazdoor Sangh, told The Hindu.
He said that informal talks had already been held among the trade unions and a resolution opposing the move is proposed to be adopted at the meeting.
About 1,000 union leaders from different parts of the country, representing the coal sector in general and the workers at the mines of Tata Steel, IISCO, Coal India, Singareni in particular, besides non-coal sectors’ representatives would congregate at the triennial conference.
It may be mentioned that the coal trade unions held a day’s token strike ahead of CIL’s IPO in November 2010 while also successfully counselling the employees against subscribing to the issue (at a discounted price). They also successfully blocked the UPA-II government’s attempt at a 10 per cent follow-on offer in late 2013.
The trade unions called a five-day strike in January opposing the Coal Ordinance which they said aimed at privatising the sector.
The strike was called off on the second day to avoid a power sector collapse, according to the unions.
He said that informal talks had already been held among the trade unions and a resolution opposing the move is proposed to be adopted at the meeting.
About 1,000 union leaders from different parts of the country, representing the coal sector in general and the workers at the mines of Tata Steel, IISCO, Coal India, Singareni in particular, besides non-coal sectors’ representatives would congregate at the triennial conference.
It may be mentioned that the coal trade unions held a day’s token strike ahead of CIL’s IPO in November 2010 while also successfully counselling the employees against subscribing to the issue (at a discounted price). They also successfully blocked the UPA-II government’s attempt at a 10 per cent follow-on offer in late 2013.
The trade unions called a five-day strike in January opposing the Coal Ordinance which they said aimed at privatising the sector.
The strike was called off on the second day to avoid a power sector collapse, according to the unions.
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