Print   Close

Coal India workers strike hit production by about 56%: official

PTI     September 25, 2019

Protests by workers at Coal India Ltd on Tuesday hit output by about 56 per cent, a senior company official told Reuters.

The workers' strike over implementation of reforms including allowing 100 per cent foreign direct investment (FDI) in coal mining - which India approved last month to attract global miners to India - paralysed operations.

The company, which accounts for over four-fifths of India's coal output and employs about 300,000 people, registered a 30% attendance due to the strike. India depends on coal-based utilities for three-quarters of its electricity generation.

Coal India produced a total of 466,000 tonnes of coal on Tuesday, which compared to an business-as-usual production estimate of 1.05 million tonnes, the official said.

Also read: Coal workers on strike today; production grinds to 'complete halt', claim trade unions


URL for this article :
https://www.businesstoday.in/current/economy-politics/coal-india-workers-strike-hit-production-by-about-56-percent-official/story/381260.html
 
@ Copyright 2019 India Today Group.