Singareni pays 103 cr as incentive to employees

Singareni pays 103 cr as incentive to employees
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Singareni pays 103 cr as incentive to employees. Singareni Collieries Company Limited (SCCL) on Thursday paid Rs 102.99 crore as incentives from the profits earned in 2014-15 to all the employees.

BONANZA

Hyderabad: Singareni Collieries Company Limited (SCCL) on Thursday paid Rs 102.99 crore as incentives from the profits earned in 2014-15 to all the employees. Presenting the pay slips to the employees who earned highest amount of special incentive at Singareni Bhavan here, the SCCL Chairman and Managing Director N Sridhar said that 21 percent of the total profits has been given as incentives to the workers this year.

Calling on the SCCL employees to join hands with the state government in its endeavour to achieve ‘ Bangaru Telangana,’ the official said the Chief Minister K Chandrasekhar Rao was showing special interest on the company and its employees by giving special increment, special incentive, exemption from professional tax, etc.

The Company would also extend various welfare programs for the benefit of employees. The company achieved the production target in the first half year, Sridhar said hoped the SCCL would emerge as on of the best coal companies in the country next year.

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