Coal India (CIL) and trade unions are awaiting the government's approval for a wage agreement that recommends a 19 per cent minimum guaranteed benefit to 2.38 lakh non-executive employees of the miner.
CIL and four central trade unions - BMS, HMS, AITUC and CITU had on January 3 inked a memorandum of understanding (MoU) as part of the ongoing National Coal Wage Agreement XI. The wage hike recommendation is now with the Department of Public Enterprises for its approval. The Department of Public Enterprises is under the Ministry of Finance.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
