Singareni Employees Get Rs82,000 Bonus For Dasara-Diwali

Hyderabad: The Singareni Collieries Company Limited (SCCL) on Wednesday announced a bonus of Rs82,000 for its workers on the occasion of Dasara and Diwali.

The SCCL chairman and managing director N. Sridhar said that the government will pay Rs57,000 Diwali bonus and Rs25,000 as Dasara advance. The Performance Linked Reward has been increased from Rs54,000 to Rs57,000 for Diwali and the festival advance for Dasara has been increased from Rs18,000 to Rs25,000 this year.

A total of Rs456 crore including Rs336 crores for Diwali bonus and Rs120 crores for Dasara will be paid to the workers from the government.

The Dasara bonus will be credited in the bank accounts of employees on September 22 while Diwali bonus will be paid in the second week of October.

The coal mining company has been increasing the bonus every year. In 2015, the Diwali bonus was Rs48,500 and has been increased to Rs54,000 in 2016. Now, it has been increased to Rs57,000.