Coal India Ltd.

Coal India is planning to close 37 underground mines by the end of FY18, despite unions’ plans to strike for three days this month if the decision is not withdrawn.

The coal workers unions, which represent more than 400,000 employees of Coal India and closely-held Singareni Collieries, last month called for a withdrawal of plans to close coal mines and merge the coal miners' provident fund with the employees' provident fund, among other things.

The move will lead to the redeployment of about 11,000 workers, who will be transferred to open-cast mines that need greater labour and produce more coal.