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Telangana Dy CM announces 34% profit share for Singareni workers on ‘Dussehra’

Telangana Dy CM announces 34% profit share for Singareni workers on ‘Dussehra’
Telangana Deputy Chief Minister and Energy Minister Bhatti Vikramarka announced a 34% profit share for Singareni workers on the occasion of Dasara during a media conference at Praja Bhavan. The key announcements and directions issued by him on this occasion are as follows: Distribution of ₹596 crore as a 34% profit share from Singareni’s net profits of ₹1,754 crore. An average profit share of ₹1,53,912 each for 38,737 permanent employees. Dasara bonus of ₹5,500 each for 29,717 contract workers. Directions to formulate a special action plan to fulfil the dream of Singareni employees and workers to own houses. Instructions to identify Singareni lands where mining has not been undertaken and prepare suitable layouts for housing. Directions were also issued to formulate an action plan for establishing the Nehru Housing Colony. Instructions to resolve approximately 250–300 pending dependent employment cases within 15 days. Directions to resolve pending name-change issues of workers with a humanitarian approach. Instructions to conduct monthly Medical Board meetings at all area hospitals and expedite the medical invalidation process. Directions to take steps to address the issues of workers who lost their jobs due to absence from duty during the COVID-19 period or other local reasons through a one-time option. Instructions to upgrade Singareni area hospitals on par with corporate hospitals, appoint specialist doctors and provide cardiac and cath lab services. Decision to conduct free cancer screening tests on a village-wise basis in the districts covered by Singareni. Instructions to ensure the mandatory distribution of safety kits to workers every six months. Directions to take steps for the company to pay income tax on workers’ perks and allowances on their behalf.

Directions to strengthen Singareni’s production capacity and financial position by securing new coal blocks. Emphasis on securing the Tadicherla-2, Manuguru PK OC-2 Dip Side and Naini blocks, explaining the need to secure new blocks, and making efforts to secure Koyagudem Block-3 and Sathupalli Block-3. Directions to rationalise coal prices in line with market conditions and enhance the company’s competitiveness. Announcement that steps are being taken to ensure the phased payment of outstanding dues owed to Singareni by power utilities. Directions to increase solar power utilisation by installing solar panels on government schools, colleges, hostels, hospitals and other government buildings. Instructions to utilise unused lands and overburden dumps outside urban areas for solar projects instead of valuable urban and commercial lands. Directions to establish RO water plants at MLA camp offices and government schools to provide clean drinking water to students. Announcement of a thermal power plant to be established under Singareni’s aegis at Ramagundam.

Announcement of funding for infrastructure development in government junior colleges in Sathupalli and Bhupalpally. Deputy Chief Minister Bhatti Vikramarka reiterated that equal priority would be given to workers’ welfare, the health and safety of their families, housing facilities and the financial strengthening of Singareni.
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