Key Points

The Centre has announced a significant performance reward for coal sector workers. Each of the 2.47 lakh employees in Coal India and Singareni Collieries will receive Rs 1.03 lakh. This move is part of broader welfare initiatives, including a major hike in insurance coverage. The government aims to recognize the workers' efforts in strengthening India's core sector.

Key Points: Kishan Reddy Announces Rs 1.03 Lakh Reward for 2.47 Lakh Coal Workers

  • Over 2.47 lakh workers at CIL and Singareni to receive the performance-linked reward
  • Insurance cover for employees substantially increased up to Rs 1 crore
  • Ex-gratia compensation raised from Rs 15 lakh to Rs 25 lakh for families
  • New insurance scheme introduced for non-permanent workers at no cost
3 min read

Centre announces Rs 1.03 lakh performance reward for each of 2.47 lakh workers in coal PSUs

Union Minister G Kishan Reddy announces a Rs 1.03 lakh performance bonus for each of 2.47 lakh coal PSU workers, plus enhanced insurance and welfare measures.

"This announcement... is a true reflection of the Government’s governance model where development goes hand in hand with dignity and welfare for every worker. - G Kishan Reddy"

New Delhi, Sep 26

Union Minister of Coal and Mines G Kishan Reddy announced on Friday that the 2.09 lakh workers of Coal India Limited (CIL) and it's subsidiaries and the 38,00 workers of Singareni Collieries will each receive Rs 1,03,000 as a performance reward in recognition of their efforts and in appreciation of their hardwork.

Over the past months, the Ministry of Coal has worked tirelessly to strengthen India’s core sector and to ensure that the welfare of every member of the coal fraternity remains our foremost priority, the minister said.

The Coal sector has not only set new benchmarks in production and efficiency but also taken unprecedented steps in employee welfare across PSUs. These include a substantial increase of up to Rs 1 crore in the insurance cover for employees, ensuring stronger financial security for families. No insurance premium will be paid by employees.

For the first time, an insurance cover has also been introduced for non-permanent employees, marking an inclusive step towards holistic welfare for which no insurance premium will be paid by employees.

The ex-gratia compensation has also been raised from Rs 15 lakh to Rs 25 lakh, reflecting the commitment to supporting families in their toughest times.

Besides, a uniform dress code has also been introduced across CIL and its subsidiaries, from CMD to the worker, symbolising equality, unity, and one identity of the Coal Pariwar.

“This announcement, coming at the onset of the festive season, is a true reflection of the Government’s governance model where development goes hand in hand with dignity and welfare for every worker. It is not just a financial reward, but a message of recognition, gratitude, and empowerment for the Coal Pariwar that fuels the nation,” the minister said.

“Prime Minister Narendra Modi’s visionary leadership has continuously guided us to place people at the heart of policies. His direction inspires us to build a sector that is not only robust in performance but also compassionate in spirit,” the minister said.

Together, the Coal Pariwar has proved that India’s strength lies in the unity of its workers and the clarity of its vision. The coal sector will continue to strive towards setting new benchmarks and building a stronger, more secure future for every member of our fraternity, the minister said.

He further stated that PM Modi’s mantra of “Reform, Perform, and Transform,” will inspire the coal sector to keep moving forward with renewed determination, ensuring it remains a pillar of both progress and welfare.

- IANS

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Reader Comments

P
Priya S
While the reward is good, I hope this isn't just an election gimmick. The government should ensure regular welfare measures rather than one-time announcements. The insurance increase is a positive step though.
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Sarah B
The uniform dress code from CMD to worker is a beautiful gesture showing equality. In India, such symbolic gestures matter a lot for worker morale. Well thought out initiative!
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Aman W
My uncle works in Coal India and he's been talking about improved working conditions. This reward will really help families during Diwali season. The insurance cover for non-permanent staff is much needed.
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Michael C
The ex-gratia compensation increase from 15 to 25 lakhs shows genuine concern for worker safety. Coal mining is risky work and this provides real security to families. Good policy making.
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Neha E
Hope this sets an example for other PSUs too. Our public sector workers are the backbone of India's economy. They deserve regular appreciation and better working conditions across all sectors.

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