Coal workers threaten 5-day strike from Jan 6

Written By Unknown on Rabu, 17 Desember 2014 | 23.25

The strike call comes at a time when the country is grappling with coal shortages and as many as 43 thermal power plants are facing significant fuel deficit.

Employee unions of state-owned  CIL and SCCL today threatened to go on a five-day strike beginning January 6 to press for demands including roll-back of the "process of denationalisation of coal sector" and stopping "disinvestment and restructuring" of Coal India.

The coal workers Coal India Singareni Collieries Company (SCCL) will observe five days all India strike with effect from January 6," four central trade unions - BMS, INTUC, HMS and AITUC--said in a joint statement.

The strike call comes at a time when the country is grappling with coal shortages and as many as 43 thermal power plants are facing significant fuel deficit. The charter of demands include stopping or withdrawing "process of denationalisation of coal sector" and stopping "disinvestment, restructuring of CIL" (Coal India) among others.

The demands also includes extending National Coal Wage Agreement (NCWA) wages and other benefits to existing and prospective captive coal workers and lifting the ban on general recruitment. Regularising contract workers engaged in mining jobs in underground as well as open cast mines is another demand.

The representatives of four CTUs met at Ranchi today and after discussions resolved to go on strike, it said. Earlier, the proposed strike on November 24 by CIL employee unions was deferred after a meeting between Coal Ministry officials and trade unions.

Four trade unions were demanding scrapping of the enabling clause from the Coal Mines Ordinance-2014, which allows commercial mining by private firms and divestment of at least 10 percent stake in Coal India Ltd (CIL), among others. As per latest data from the Central Electricity Authority (CEA), 43 thermal power plants had coal available for less than seven days as on December 15.

Coal India stock price

On December 10, 2014, Coal India closed at Rs 366.85, up Rs 0.55, or 0.15 percent. The 52-week high of the share was Rs 423.85 and the 52-week low was Rs 240.50.


The company's trailing 12-month (TTM) EPS was at Rs 21.06 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 17.42. The latest book value of the company is Rs 26.04 per share. At current value, the price-to-book value of the company is 14.09.


Anda sedang membaca artikel tentang

Coal workers threaten 5-day strike from Jan 6

Dengan url

http://gayafashionshow.blogspot.com/2014/12/coal-workers-threaten-5-day-strike-from.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Coal workers threaten 5-day strike from Jan 6

namun jangan lupa untuk meletakkan link

Coal workers threaten 5-day strike from Jan 6

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger