Modi govt stands firm in coal faceoff as unions call off strikes
Coal India's five major unions were protesting the government's plan to end the state's monopoly on selling coal
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New Delhi
INDIAN Prime Minister Narendra Modi faced down the first major opposition to his economic agenda as coal unions called off a two-day-old strike that had threatened to paralyse the nation.
The unions at the world's biggest coal miner, Coal India Ltd, agreed to end the planned five-day action late Tuesday after a seven-hour meeting with Coal and Power Minister Piyush Goyal in New Delhi. The government will establish a committee with labour representatives on it to look into the unions' demands, Mr Goyal said. Concerns over the potential privatisation of Coal India were "unfounded", he said.
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