Telangana govt announces 32% of SCCL’s profits as bonus for coal workers

Telangana Chief Minister K Chandrashekhar Rao has declared that 32 per cent of the profits made by Singareni Collieries Company Limited (SCCL) will be distributed as a bonus to the coal workers, Telangana Today (TT) has reported. So far, this is the largest bonus given by the company to its workers in its history.

To this end, the Chief Minister’s Office issued orders directing Chief Secretary A Santhi Kumari to facilitate the payment of 32 per cent of the profit (after taxes) made by the SCCL as a special incentive to employees of the company for the financial year 2022-23 (FY23), the report said.