The unions have gone on strike to protest against 'disinvestment and restructuring of state-run Coal India' and to press for their other demands including the roll-back of what they call as 'process of denationalising of coal sector'.
While All India Coal Workers Federation leader Jibon Roy said in a statement that about seven lakh workers are joining the strike, the government has also called a meeting today with representatives of major trade unions - BMS, INTUC, AITUC, CITU and HMS -- to sort out the issue.
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The strike can affect coal production of up to 1.5 million tonnes a day and may also hit supplies to power plants which are already grappling with fuel shortages.
"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.
"It is true that production picks up tempo in the last quarter, as the closure of fiscal draws near. It is unfortunate that the unions have called the strike. We have appealed to them to withdraw the strike in national interest and even now our efforts are on to persuade them to refrain from going into strike," he said.
The trade unions have boycotted earlier meeting called by the government twice.