This government gave 368 crore bonus to employees, money ‘Diwali’ before Dussehra

SCCL: SCCL is a government coal mining company in which both the Telangana government and the central government have a stake. The Telangana government holds 51 percent and the central government holds 49 percent in this company.

Telangana government gave Dussehra gift to the employees

Telangana government has taken a big decision. Telangana government company Singareni Collieries Company Limited (SCCL) 30 percent shares will be given to the employees of this company. telangana government It has decided to give this gift to the employees on the occasion of Dussehra. There is a wave of happiness among the government employees with this decision. Telangana Chief Minister K Chandrashekhar Rao took this decision on Wednesday. This decision has been informed to the Chairman and Managing Director of Singneri Collieries.

On the instructions of Chief Minister K Chandrashekhar Rao, the decision of the government has been conveyed to the Chairman and Managing Director of Singery Company (SCCL). This instruction was given to the Chairman by the Principal Secretary to the Chief Minister Narasimha Rao. In a press release issued from the Chief Minister’s Office, it has been said that the Principal Secretary has directed the MD of Singneri Collieries to give special incentives to the employees before Dussehra. This will be a Dussehra gift for the employees.

368 crore bonus

After this decision, SCCL will release Rs 368 crore to its employees. According to the 30% share in the company, this amount will be distributed among the employees. Singareni Collieries Company Limited ie SCCL is a government coal mining company in which both the Telangana government and the central government have a stake. The Telangana government holds 51 percent and the central government holds 49 percent in this company.

Increase in company turnover

Recently, Singareni (SCCL) Chairman and MD N Sreedharan had said that the company is confident that this year will get an annual turnover of Rs 32000 crore and in this the company will get a profit of Rs 3,000 crore. Sreedharan also expressed confidence that the target of producing 700 lakh tonnes of coal this year will also be easily achieved. In the year 2021-22, Singneri Coal Company achieved a turnover of Rs 26,000 crore. In one year, an increase of 47% was seen in the turnover.

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Dussehra gift before elections

In the year 2020-21, SCCL supplied 536 lakh tonnes of coal for power stations. Singneri Coal Reserve extends up to Pranahita-Godavari Valley. Singneri Collieries is a coal mining corporation which is the largest government company in Telangana. Now the share of profits of this company will be given to the employees. This share will be available in the form of bonus and Dussehra gift. There is a wave of happiness among the employees of the company due to this decision of the government. This Dussehra gift before the elections is also considered good for the current Chief Minister K Chandrashekhar Rao.

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