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The Hindu

National

The Hindu Bureau

Singareni transfers ₹1,450 crore wage board arrears to over 39.4K workers

hyderabad

The management of Singareni Collieries Company Ltd (SCCL) has credited the 11th Wage Board arrears of ₹1,450 crore to the bank accounts of 39,413 workers on Thursday. Those who received highest arrears amount were handed over cheques personally.

Every worker of the company has received ₹3.7 lakh arrears on an average and the Head Overman of Ramagundam area V. Sudarshan Reddy received the highest amount of ₹9.91 lakh. Director (Finance & Personnel) N. Balaram said while transferring the arrears amount to the bank accounts of the workers that they would be paid Dasara and Deepavali bonus in time.

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