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Telangana Announces Rs 596 Crore Profit Share for Singareni Workers
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News18•13-10-2026, 17:30
Telangana Announces Rs 596 Crore Profit Share for Singareni Workers
- •Telangana Deputy Chief Minister Mallu Bhatti Vikramarka announced an average profit share of Rs 153912 for permanent Singareni employees ahead of Dasara.
- •A total of 38737 permanent workers will share Rs 596 crore from the company net profit of Rs 1754 crore, while 29717 contract workers will receive a Rs 5500 bonus.
- •The government is formulating a special action plan to provide housing opportunities and establish a dedicated housing colony for Singareni workers.
- •Officials have been directed to expedite dependent employment orders, resolve name-change cases, and conduct regular medical board meetings for workers.
- •New initiatives include distributing safety kits every six months, conducting free cancer screenings in villages, and boosting solar power generation.
Key Questions Answered
Telangana Deputy Chief Minister Mallu Bhatti Vikramarka announced that permanent employees of Singareni Collieries would receive an average profit share of Rs 1,53,912 for the Dasara festival, based on a 34 percent distribution of the company's net profits.
A total of 38,737 permanent employees will receive the average profit share, while 29,717 contract workers will be given a bonus of Rs 5,500 each.
The government plans to establish housing colonies named after Pandit Jawaharlal Nehru on unused Singareni-owned lands, expedite house-site pattas for approximately 1,250 acres, resolve dependent employment orders within 15 days, and conduct free cancer screenings in villages.
