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Coal India considers price hike to offset wage, salary increases

By:  
Creamer Media Correspondent
 
COAL
Coal India Limited (CIL) is mulling the option of increasing its coal prices across all grades to offset the impact of a hefty wage increase agreement signed with trade unions and the imminent hike in salaries of executives. Sources have pointed out that the salaries and wages bill provisions for the year will not be sufficient to cover the increases that the miner and employees have agreed upon.
 
 
 
 
 

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