Singareni transfers ₹1,450 crore wage board arrears to over 39.4K workers
The Hindu
SCCL credits ₹1,450 cr arrears to 39,413 workers; highest arrears of ₹9.91 lakh to Head Overman V. Sudarshan Reddy. Every worker received ₹3.7 lakh on avg. CMD N. Sridhar instructed to transfer arrears in one go. Bonus & PLI to be paid before Deepavali. GMs felicitated highest arrears holders.
hyderabad
The management of Singareni Collieries Company Ltd (SCCL) has credited the 11th Wage Board arrears of ₹1,450 crore to the bank accounts of 39,413 workers on Thursday. Those who received highest arrears amount were handed over cheques personally.
Every worker of the company has received ₹3.7 lakh arrears on an average and the Head Overman of Ramagundam area V. Sudarshan Reddy received the highest amount of ₹9.91 lakh. Director (Finance & Personnel) N. Balaram said while transferring the arrears amount to the bank accounts of the workers that they would be paid Dasara and Deepavali bonus in time.
Speaking on the occasion, Mr. Balaram said it was for the first time in the history of the company that such huge arrears amount was paid in one go. Although it was planned to credit the amount in two phases, it was on the instructions of Chairman and Managing Director of the company N. Sridhar that the arrears were transferred in one go.
He mentioned that it was SCCL that was implementing the 11th Wage Board pay, revised salaries, earlier than Coal India Ltd. Some of the subsidiaries of Coal India were yet to pay the arrears and they were making arrangements to pay the amount in phases. The workers were paid the arrears after deducting the amounts towards income tax, coal miners’ pension fund and pension, he stated.
The management was making arrangements to pay ₹700 crore bonus, a share in the company’s profits as announced by Chief Minister K. Chandrasekhar Rao, in time and the performance linked incentive (PLI bonus) would also be paid before the Deepavali festival. He asked the workers to make best use of the arrears for their families’ future and welfare.
V. Sudarshan Reddy (₹9.91 lakh), EP Operation of Ramagundam-2 area Mirza Osman Baig (₹9.35 lakh) and Head Overman of Srirampur area A. Rajamallu (₹9.16 lakh) were handed over cheques and felicitated by the Area General Managers concerned in their field offices.
“We are judges and therefore, cannot act like Mughals of a bygone era ... the writ courts in the guise of doing justice cannot transcend the barriers of law,” the High Court of Karnataka observed while setting aside an order of a single judge, who in 2016 had extended the lease of a public premises allotted to a physically challenged person to 20 years contrary to 12-year period stipulated in the law.
The High Court of Karnataka on Monday declined to interfere, at present, in the investigation against a Bharatiya Janata Party worker, who is among the accused persons facing charges of circulating obscene clips, related to “morphed” images and videos clips related to Prajwal Revanna, former Hassan MP, in public domain through pen drives and other modes.
The 16th edition of Bhoomi Habba was held on June 8, at the Visthar campus. The festival drew a vibrant crowd who came together to celebrate eco-consciousness through a variety of engaging activities, creative workshops, panel discussions, interactive exhibits and performances, all centered around this year’s theme: “Save Water, Save Lives.”