Live
- They always want me to win, and now I feel lucky to have been offered a story like ‘Zebra’: Satyadev Kancharana
- ‘Democracy first, humanity first’: PM Modi in Guyana's parliament on two countries' similarities
- PKL Season 11: Telugu Titans register third straight win to top standings
- Is Pollution Contributing to Your COPD?
- NASA Unveils Underwater Robots for Exploring Jupiter's Moons
- Additional Central forces arrive in violence-hit Manipur
- AR Rahman and Saira Banu’s Divorce: Legal Insights into Common Issues in Bollywood Marriages
- 82.7 pc work completed in HPCL Rajasthan Refinery area: official
- Curfew relaxation extended in 5 Manipur districts on Friday
- Tab scam prompts Bengal govt to adopt caution over fund disbursement
Telangana: Singareni employees to get a total of Rs. 1.15 lakh as Dusshera and Diwali bonus
Singareni Coal Mine (File/Photo)
The Singareni CMD N Sridhar said in a statement that the 29 percent profit bonus announced for Singareni Coal Mine workers would be paid on the 11th of this month. Under this, Rs 79.07 crore will be distributed to the workers.
The Singareni CMD N Sridhar said in a statement that the 29 per cent profit bonus announced for Singareni Coal Mine workers would be paid on the 11th of this month. Under this, Rs 79.07 crore will be distributed to the workers. He also said that the recently announced Diwali bonus (Production Linked Reward Bonus) will be credited to workers' accounts on November 1.
The CMD explained that the company was spending Rs 300 crore for this and that each worker would receive Rs 72,500. The company has announced a festive advance of Rs 25,000 per worker, which will be paid on the 8th of this month, he said.
He said the workers would receive an average of Rs 1.15 lakh in the next three weeks, including the above two types of bonuses and festival advances. It is suggested to use this amount without wasting it, saving or using it for household needs.
He said that they should work more enthusiastically and together in the coming days to achieve the set targets so that they can receive better bonuses and welfare this year. On the occasion, Singareni CMD thanked the Chief Minister on behalf of the employees and wished happy Dussehra and Diwali to the workers.
