Coal India workers get 20% wage hike, medical trust

Payment of arrears to be made in three stages, Rs 40,000 to be paid to staff before Diwali as one-time advance

The 10th Wage Agreement of Coal Workers, which was pending from last year, was finalised by Coal India Limited and all the labour unions, with a 20 per cent increase in wages, new pension fund norms and a medical trust.

The wage agreement of the employees has been due since 1 July 2016. The negotiation for the wage agreement that has been on the table for more than a year was concluded today. Trade Union representatives had insisted on a 50 per cent wage increase for employees. But considering the country’s position, Coal India's benefit and financial position, a