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The Hindu
The Hindu
National
The Hindu Bureau

Chief Minister announces ₹700 crore Dasara bonus for Singareni workforce; increase of monthly pension for physically challenged persons

SCCL Dasara Mancherial Bharatiya Janata Party BRS Coal

Announcing a ‘Dasara bonus’ of ₹700 crore to the workforce of the Singareni Collieries Company Limited (SCCL), Chief Minister K Chandrasekhar Rao on Friday said that the BRS government is committed to the welfare of the Singareni workers and the robust growth of the 134-year-old coal mining giant.

The SCCL has witnessed a remarkable transformation after the formation of Telangana. From a turnover of ₹11,000 crore in 2014, the company’s turnover has now reached ₹33,000 crore. The SCCL’s profits surged from around ₹400 crore in 2014 to ₹2,184 crore now, the Chief Minister said while addressing a public meeting in the coal town of Mancherial on Friday night.

The SCCL’s workforce used to get 18% share of profits of the company to the tune of ₹50 to ₹60 crore prior to 2014. The bonus has increased multi-fold in the last nine years and now the workforce is poised to get a Dasara bonus of ₹700 crore this year, he noted.

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