Tata Steel prepares for blue-collar job transitions as iron ore lease expiry nears

Sanyal outlined three possible scenarios for the workforce, depending on the outcome of mandatory auctions for the mines under the amended Mines and Minerals (Development and Regulation) Act. If Tata Steel retains the leases, there will be “no impact on workers”. If it fails to secure them, “the number of workers will transit with the mines” to the new leaseholder. In the third scenario, “where only some mines are retained, a portion of the workers will continue with the company”.