Trade unions accuse Revanth govt of denying fair profit share to SCCL workers

Trade unions in Singareni Collieries Company Limited (SCCL) have criticised the Telangana government for retaining the profit-sharing percentage at 34 per cent for FY26, alleging that workers have been deprived of a fair share of the company's profits.

Kothagudem: Different Singareni Collieries Company Limited (SCCL) trade unions accused the Revanth Reddy government of meting out injustice to the company’s employees in distributing share of profits for the financial year 2025-26.

The trade unions also accused the company recognised union, AITUC, affiliated to CPI, an ally of the Congress government in Telangana, of failing to ensure fair share of profits for the employees.

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Playing the blame game, the recognised union leaders levelled criticism against the government for its decision to limit the profit share to 34 percent, the same percentage given last year ,without increasing it.

Speaking to Telangana Today, TBGKS (Telangana Boggu Ghani Karmika Sangham) State general secretary Kapu Krishna alleged that concealing actual profits and declaring a profit of only Rs 1,754 crore had raised suspicions among the workers.

It is unjust to workers to withhold the Rs 6,300 crore set aside for Singareni’s development over the past two years instead of distributing it as part of the profits and to announce just a 34 percent share, the same as last year, without increasing it by even a single percentage point, he said.

Krishna noted that, on average, each worker would now receive only Rs 1.53 lakh whereas last year the average was Rs 1.95 lakh. The announcement of a payout of a meagre Rs 5,500 for contract workers without increasing it by even a single rupee has left them disappointed.

During the tenure of the former Chief Minister, K Chandrashekhar Rao the share was increased annually, rising from 16 to 32 percent, the TBGKS leader said. He demanded an increase in the profit share for contract workers.

Speaking to the media here, AITUC State president Vasireddy Seetharamaiah and general secretary Korimi Rajkumar made an effort to cover up the union’s alleged failure to ensure an enhanced profit share for workers this year.

They criticised the government for not increasing the profit share and for failing to consult the recognised trade union, AITUC, before determining the profit share. They alleged that political interests were being prioritised over the welfare of the workers.

Meanwhile, Pragathisheela Singareni Contract Workers Union (Kothagudem Region) president Amarlapudi Sharath said it is appalling for the management to announce a profit share of just Rs 5,500 for contract workers. He demanded a 10 percent profit share for the contract workers.