The strike came to an end after Union Minister for Coal Piyush Goyal agreed to form a committee, which will evaluate the recent order regarding privatization of coal mining in the country.

The committee will comprise members from the five central trade unions, including Bharatiya Mazdoor Sangh, INTUC, Hind Mazdoor Sabha, All India Trade Union Congress and Centre of Indian Trade Unions.

Goyal was quoted by PTI as saying: "There is no intention for denationalisation of CIL. The present and future interest of CIL employees will not be affected in any manner.

"CIL will be protected and there need be no apprehension about its ownership."

The two-day strike, which involved 500,000 coal workers, is said to have affected 75% of CIL’s daily coal production 1.5 million tons.

CIL is responsible for 80% of coal production in the country, which depends on coal for power production.

Said to host fourth-largest coal reserves in the world, India has become the third largest importer of the fuel in the recent years due to significant drop in CIL output targets, reported Reuters.

CIL has a workforce of 286,196 and about 65,000 contract workers.