NEW DELHI ¨C Prime Minister Narendra Modi faced down the first major opposition to his economic agenda as coal unions called off a 2-day-old strike that threatened to paralyze the nation.
The unions at the world¡¯s biggest coal miner, Coal India Ltd., agreed to end the planned five-day action late Wednesday after a seven-hour meeting with Coal and Power Minister Piyush Goyal in New Delhi.
The government will establish a committee with labor representatives on it to look into the unions¡¯ demands, Goyal said. Concerns about a potential privatization of Coal India were ¡°unfounded,¡± he said.
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