Workers of Coal India Ltd, along with Singareni Collieries Company Ltd and state-owned coal firms have called for a strike on September 24, seeking withdrawal of the Centre’s decision to allow 100 percent FDI in mining.
In a fresh round of FDI reforms, the Union Government has allowed 100 percent foreign direct investment (FDI) in coal mining and contract manufacturing, as part of its efforts to boost economic growth. Major central trade unions, including INTUC, AITUC, CITU, HMS, and AICCTU, are supporting the strike.
In a notice to the Centre, the federations have demanded that CIL subsidiaries, including Eastern Coalfields Ltd, Central Coalfields Ltd, and Mahanadi Coalfields Ltd, be merged with the parent firm. The trade unions have threatened to go on an indefinite strike if their demands are not met with.
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