Coal India to pay Rs 64,700 festive bonus to workers
KOLKATA: Coal India will hand over festive season bonus of Rs 64,700 to each of its 2.66-lakh odd coal workers. It will cost the company around Rs 1,700 crore.
On Tuesday, six central trade unions at Coal India negotiated with the management for several hours to decide on the amount of Puja bonus. Last year the workers received Rs 60,500 per employee and Coal India shelled out Rs 1,600 crore.
“Following several hours of negotiation with the management an amount of Rs 64,700 has been decided,” said S Q Zama, Secretary-General of the Indian National Mine Workers’ Federation under INTUC. “The amount is generally paid a day or two before Durga Puja starts.”
