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Coal India eyeing to conclude eleventh version of national coal wage agreement

11 May 2023 Evaluate

Coal India (CIL) is eyeing to conclude the eleventh version of the national coal wage agreement (NCWA-XI), within a month, which would benefit its 2.38 lakh strong non-executive workers. The next round of talks is scheduled on May 19, 2023. 

Wages of the non-executive workers, which account for 94 per cent of Coal India's workforce, are revised every five years. The hike is due from July 2021. In 2017, CIL signed a wage agreement with worker unions proposing a 20 per cent hike in salaries for five years.

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.


Peers
Company Name CMP
Coal India 399.70
NMDC 66.19
Ashapura Minechem 416.90
Sandur Manganese 157.80
GMDC 426.00
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