About 41,000 workers, employees and supervisors of Singareni Collieries Company Ltd (SCCL) are set to get revised salaries/wages as per the recommendations of the eleventh wage board from Monday. It will have a financial implication of about ₹1,000 crore per annum on the company.
The revised salaries will be credited to the bank accounts of the Singareni workers and employees from Monday, according to Chairman and Managing Director N. Sridhar and Director (Finance and Personnel) N. Balaram. They stated that Singareni is the first coal company in the country, even ahead of Coal India Ltd (CIL), to implement the revised salaries/wages.
As per the revised wages, the basic of daily rated category-one employees would increase from ₹1,011.27 to ₹1,502.66 and that of monthly rated A1 grade from ₹98,485.79 to ₹1,46,341.67. The Singareni executives stated that the revised wages for coal employees were finalised by the 11th wage board recently. They stated that there used to be long delay in the implementation of revised wages of the previous 10 wage boards in Singareni and the implementtion would begin only CIL.
