The employees of Singareni Collieries Company Limited (SCCL) have a reason to cheer this festive season. The Government of Telangana has announced hefty festive bonanzas to SCCL employees for the year 2017. The SCCL employees will get Rs. 57,000 as Diwali bonus and another Rs 25,000 as Dasara festival advance.
The SCCL management has decided to give a bonus (performance linked reward) of Rs. 57,000 each for Diwali. This will be in addition to Dasara festival advance of Rs 25,000 for each employee. The total festive bonanza is Rs. 82,000.
This will cost the company around Rs. 456 crore. The bonus decision has been announced after the Chief Ministers suggestion to increase the amount. The bonus was Rs. 54000 last year. The festival advance has been enhanced from Rs 18,000 to Rs 25,000.
The festival advance will be credited to the bank accounts of SCCL workers on September 22, 2017 while the bonus would be credited into the accounts in second week of October 2017. So, we wish a happy Diwali and Dasara to all SCCL employees.