According to Daily News & Analysis, the increased wages will be implemented from July and will be for five years.
“After discussions, management has agreed for 25% minimum guaranteed benefit on gross wages,” the news service quoted Indian National Mine Workers Federation secretary general S Q Zama as saying.
The pay rise comes after three days of negotiations between the joint bipartite consultative committee and Coal India representatives.
According to an earlier report in Business Line, the unions were also demanding workers receive perks and allowances on top of the 25% pay rise, however, Coal India was not willing to accept the demand.
Coal India increased wages by 24% in the previous five-year agreement.
The price negotiations are expected to be finalised after a final round of discussions on January 27, DNA said.
