Coal India workers to go on nationwide strike on September 2

In September last year, a majority of about 4 lakh coal workers across the country had gone on strike called by trade unions, which hit the production level in a big way. Image Source:Reuters/Mukesh Gupta

Coal India workers will go on a nationwide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.

"We have received a communication of notice... For strike on September 2. Efforts are being made for conciliation process," Coal India said in a regulatory filing to the BSE on Saturday.

"In case they resort to strike, it will affect product and dispatch of coal."

In September last year, a majority of about 4 lakh coal workers across the country had gone on strike called by trade unions, which hit the production level in a big way.

The strike call was given by major trade unions like Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC) and Centre of Indian Trade Unions (CITU) to pitch for their demands that included opposition to any further stake sale in Coal India.

Nearly 5 lakh bank union workers and officers are set to join the strike called by trade unions on September 2 to protest against what they call "anti-people policies of the PM Narendra Modi government and labour reforms".

On Friday, the shares of Coal India closed down 1.36% or Rs 4.60 at Rs 334.20 on the BSE.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.