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State-run Coal India Ltd (CIL) has announced its plan to cut jobs by 5 percent every year for the next 5-10 years as part of its cost cutting measures
CIL’s overall expenditure has reduced by Rs 1,838 crore or 3.3 percent during the first nine months of FY21 as a major reduction was visible in employee benefit expenses
The government rejected the demand, saying that the current salaries were in line with the Department of Public Enterprises guidelines