New CMD battles coal workers protesting against government’s disinvestment plans
Jasleen Kaur | January 6, 2015
Sutirtha Bhattacharya, the newly appointed chairman and managing director of Coal India Ltd (CIL), gets a frosty welcome from his staff even as the country prepares for power problems. A day after taking charge Bhattacharya faces big challenge in the form of a five-day strike by the coal unions from Tuesday. The post of CMD was vacant for over five months.
CIL produces around 80 per cent of country’s overall coal and supplies it to 82 of the 86 coal-based thermal power plants across India. The shut down can affect coal production of up to 1.5 million tonnes a day and may also hit supplies to power plants, grappling with fuel shortages. However, the situation may not turn out to be band as in anticipation of the strike, Coal India had had stepped up supplies to the power plants.
Five central trade unions have shut down production at all coalfields of Coal India Limited (CIL) and Singareni Collieries Company Limited (SCCL). The coal workers, including permanent and contractual, are on strike to protest against the government’s plan to disinvest and they are also demanding the roll-back of process of denationalisation of coal sector. Interestingly, even the BJP-backed Bhartiya Mazdoor Sangh is participating in the strike. Other unions are INTUC, AITUC, CITU and HMS.
Terming it as the biggest industrial action for any sector since 1977, Jibon Roy, general secretary, All India Coal Workers Federation, said the government was exploiting the supreme court verdict on denationalisation of coal industry and demanded that whichever mines were allotted illegally should be given back to CIL.
Another strike, which was scheduled for January 13, has been called off, Jibon said.
The management of CIL had appealed to the unions not to go on strike as it would hit the power production across the country. The strike is likely to result in loss of more than Rs 1,000 crore a day, admits Jibon Roy.
The unions had boycotted a meeting called by Coal Minister Piyush Goyal on Saturday but they are likely to meet him today in the evening in Delhi.
Public-Private Partnerships (PPP) projects are always under scrutiny, given the options of alternative of traditional procurement for the government. The value-for-money debate is one of the essential parameters to judge any PPP. In the absence of any credible data on this regard, it is very difficult to e
Electoral bonds, introduced in January 2018 to bring in transparency in political funding, has emerged as the preferred route for making donations to parties, according to an analysis of the parties’ audit reports by the Association of Democratic Reforms (ADR). “Given the anonymi
With a humble beginning in 1875, the India Meteorological Department (IMD) – which is celebrating its 145thFoundation Day on January 15 – has marched forward with various milestones and paradigms to serve the society. When weather and climate are playing more and more role in our daily lives, h
Prithviraj Chavan, a senior Congress leader and former Maharashtra chief minister, is the key architect of the ruling Maha Vikas Aghadi (MVA) alliance that came to power after the three-day government of the BJP, supported by Ajit Pawar of NCP, fell apart just before the supreme court ordered an open b
Every winter Delhi experiences some of the worst air pollution levels in the world. Concentrations of particulate matter – PM10 and PM2.5 – regularly hover around values of 400 to 500, levels that are considered extremely hazardous by both Indian and international air quality standards. Doctors
Nobel laureate economist Abhijit Banerjee has sounded an alarm on the economic crisis and compared the present situation to the 1991 economic crisis, stressing that to revive the economy it is important to stimulate demand. Like elsewhere in the world, the level of trust in experts and the e