While negotiations began this evening between government officials and representatives of trade unions, the strike is estimated to have caused losses to the tune of Rs 35 crore in today's morning shift itself.
The strike, being billed as the biggest industrial action for any sector since 1977, has been called by the five leading trade unions of the country, including BJP-backed Bharatiya Mazdoor Sangh (BMS). The unions said about 3.5 lakh people have gone on the five-day strike since morning.
The Labour Ministry said in a statement that the strike has affected the working of CIL and its subsidiaries.
"One mine of Singareni Collieries Co Ltd was also affected. Further efforts for conciliation between management and the unions are on," it added.
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According to a senior official, "Out of 438 units of CIL, 271 have been completely impacted by the strike. There is only partial production from 57 units. The PSU has suffered losses to the tune of Rs 35 crore in the first shift only."
"We are hopeful the situation would be resolved in an amicable manner. The precise impact of the strike would be known later and it would be premature to predict (the impact) at this juncture," Coal India's newly appointed chairman Sutirtha Bhattacharya told PTI.