CM hikes SCCL staff share in profits

Directs company to pay 27% and treat management and staff as single entity

The Coal Mines Officers Association members and Telangana Boggugani Karmika Sangham leaders handing over a cheque for ₹1 crore to the CM Relief Fund to Chief Minister K. Chandrasekhar Rao in Hyderabad on Wednesday.

Chief Minister K.Chandrasekhar Rao has announced 27 % share to the workers of Singareni Collieries Company Ltd., in the profit made by the company during the financial year 2017-18.

The Chief Minister instructed the SCCL Chairman and Managing Director that the share should be increased to 27 % from 25 % given last year. He also said that the Performance Related Pay which has been due for the last eight years to Singareni officers should also be paid immediately.

Announcing several sops for the officers, Mr. Chandrasekhar Rao said the government would also allot land in Hyderabad for construction of houses and would extend ₹10 lakh interest free loan facility to officers and other employees for house construction on par with Singareni workers.

He suggested that hereafter the Singareni workers should be addressed as employees without discriminating them from other staff. The approach of separating management and workers as two different entities should be done away forthwith and all should be treated as one single family of Singareni.

The Coal Mines Officers Association members and Telangana Boggugani Karmika Sangham leaders led by honorary chairperson and MP Kavitha met the Chief Minister at Pragathi Bhavan here on Wednesday and handed over a cheque for ₹1 crore to the CM Relief Fund for the welfare of armed personnel.

Diversification plans

Later in an interaction with the representatives of Singareni officers and workers, Mr. Chandrasekhar Rao said that Singareni had experience and expertise of 120 plus years in coal mining and it should expand itself to other mining areas such as sand and granite reserves which were available in abundance in the State. The government was also considering entrusting the responsibility of mining in Bayyaram mines to SCCL.

The company should come out with a study paper on the areas into which it could diversify, he said.

Ministers Thummala Nageswara Rao, Eatela Rajendar, MP Ponguleti Srinivas Reddy, Khammam ZP Chairperson Gadipally Kavitha, TBGKS president and secretary Venkat Rao and Raji Reddy, Coal Mines Officers’ Association Singareni branch president Gadipally Krishna Prasad, general secretary S.V.Rajasekhar Rao and others participated in the meeting.