Rs.1.90 lakh Dasara bonus announced for Singareni workers

Deputy Chief Minister Mallu Bhatti Vikramarka said in the 2023-24 financial year, the Singareni Collieries Company Limited recorded a profit of Rs.4,701 crore.

Hyderabad: The State government has announced Rs.1.90 lakh Dasara bonus for each of the Singareni workers this year. Apart from regular workers, this time, contract workers are also announced a Rs.5,000 bonus each.

Addressing media persons here on Friday, Deputy Chief Minister Mallu Bhatti Vikramarka said in the 2023-24 financial year, the Singareni Collieries Company Limited recorded a profit of Rs.4,701 crore.

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Of these, about 33 percent, which works out to Rs.796 crore was being announced as Dasara bonus for the workers, he said. “For the first time nearly 25,000 contract workers were also getting Dasara bonus,” Bhatti Vikramarka said. Compared to last year, this time, the bonus component increased by Rs.20,000 from Rs.1.70 lakh to Rs.1.90 lakh, the Deputy Chief Minister said, adding that the decision was taken after involving recognized unions and SCCL management.