The power and coal minister, who was here to attend the World Economic Forum (WEF) Annual Meeting, also said employees of Coal India have understood and appreciated the imperatives of the disinvestment proposal.

"We will have a diversified global workforce, but I can't give any numbers as in our business numbers can be translated into revenue and I'm in a quiet period.

"That is the total rate cut I see coming ahead," said Kotak, who was here to attend the World Economic Forum (WEF) Annual Meeting.