The Government had declared 10% immediate disinvestment in Coal India Ltd. and was proceeding in the matter. All the unions in the CIL had issued notice for strike against disinvestment in this month itself. The government is reported to have changed its decision in view of the proposed strike. However, the government wants more dividend from the PSU to make up the financial deficit.
We congratulate the Coal India Workers for their success in stopping the Disinvestment for the present.
Government decides not to proceed with disinvestment in CIL due to Protest by Unions.
13 Friday Dec 2013
Posted in PSU