CM announces 28 pc bonus to Singareni workers for Dussehra

CM announces 28 pc bonus to Singareni workers for Dussehra

Agency News

Hyderabad, Sep 19 : Telangana Chief Minister K Chandrashekar Rao announced 28 per cent bonus on the profits to Singareni Workers this year as against 27 per cent bonus paid in the previous year, as Dussehra gift.

In a statement on the state-owned Singareni Collieries Company Limited (SCCL) in Assembly on Thursday, Mr Rao said this year, we are increasing the percentage of profit share by another one percent to 28 per cent .

In 2018-19, the SCCL registered a record maximum profit of Rs 1,765 Crore, he said by increasing the share in profits, each worker will now get Rs 1,00, 899 as his bonus, this is Rs 40,530 more than last year’s bonus.

However, under the united AP’s rule in 2013-14, each SCCL workers was given a meager amount of Rs 13,540 as the bonus, Mr Rao claimed and said in the last five years, the Telangana state government has been increasing the bonus gradually.

In 2017-18, each worker was paid Rs 60,369 as bonus he said.

He expressed hope and wished that the SCCL workers and employees will take this festival gift as an inspiration and work with more dedication and commitment to enable the SCCL get more successes and profits.(UNI)