The Hindu·3 min read·medium

38,737 regular workers of Singareni to get nearly ₹1.54 lakh bonus each: Deputy CM

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The Hindu Bureau
38,737 regular workers of Singareni to get nearly ₹1.54 lakh bonus each: Deputy CM
✦AI Summary

The Telangana government announced a festive bonus for Singareni coal mine workers, with permanent employees receiving an average of ₹1.54 lakh each. The government also committed to addressing housing needs and pending dependent employment cases within 15 days.

Why it matters

This reflects significant labor welfare policies and economic distribution efforts within the state-run coal sector.

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The State government has announced a festive bonanza to Singareni coal mine workers on the occasion of Dasara with an average bonus, share in company’s profits, of ₹1,53,912. Deputy Chief Minister and Minister for Finance M. Bhatti Vikramarka announced that each permanent employee of Singareni Collieries Company Limited (SCCL) would receive an average profit-sharing amount of ₹1,53,912.

Speaking to newspersons along with Minister for Industries and IT D. Sridhar Babu Mr. Vikramarka said on Tuesday (Ocober 13) that 38,737 permanent employees would benefit from the decision. In addition, 29,717 contract workers would receive a bonus of ₹5,500 each. He stated that the government had decided to distribute 34% of Singareni’s profits among workers, continuing the practice.

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