Dussehra gift: KCR announces Rs 368 crore bonus to Singareni workers

HYDERABAD: As Dussehra gift, Telangana Chief Minister K Chandrashekhar Rao (KCR) has announced a bonus of Rs 368 crore to the workers of the Singareni Collieries Company Limited. This amounts to 30 percent share of the profits of the company for the year 2021-22.

As per the Chief Minister's instructions, Principal Secretary Narsinga Rao issued an order to the Singareni Collieries Chairman and Managing Director to pay the special incentive to singereni workers before Dussehra. As per the estimates, Singareni company will have to pay Rs 368 crores to the eligible workers following the Chief Minister's decision.