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BALCO facing strike threat
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Thursday, 10 May 2012
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Bloomberg reported that workers at Sterlite Industries India Limited’s aluminum unit plan to go on an indefinite strike this month demanding better conditions at its smelter in the state of Chhattisgarh.

Mr G Sanjeeva Reddy president of the Indian National Trade Union Congress said that “The workers are supporting a plan to stop work later this month if the authorities don’t heed our demand. The union says 90% of about 2,000 permanent workers at unit Bharat Aluminium Company are its members.

Bharat Aluminium, in which Sterlite bought 51% stake from the Indian government in 2001, operates a 345,000 tonne smelter and two bauxite mines at Korba in the eastern state. Workers at Balco as the unit is known, in 2004 had gone on strike in protest against the government’s plan to sell its remaining 49% stake.

Source - Bloomberg.net

(www.steelguru.com)

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