BRS flays govt. for sharing only part of Singareni profit

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T. Harish Rao

T. Harish Rao | Photo Credit: SIDDHANT THAKUR

HYDERABAD

Senior person of Bharat Rashtra Samithi (BRS) and erstwhile curate T. Harish Rao criticised the State authorities for sharing lone 34% of the ₹2,360 crore to workers retired of ₹6,394 crore nett net made by Singareni Collieries Company Ltd (SCCL) during 2024-25.

In a statement, Mr. Rao demanded connected Monday that workers beryllium paid 34% stock successful the full nett net and not the stock successful lone 37% of the full nett profit. He alleged that the State authorities had forced the institution absorption to chopped the stock successful profits to workers by implicit 50% past twelvemonth too.

He sought what had happened to ₹2,283 crore kept speech from the company’s nett net past twelvemonth for its aboriginal plans and present ₹4,034 crore was being kept speech successful the aforesaid name. He reminded that Singareni workers were paid lone 16% of the nett stock from 1998-99 to 2010-11 and successful the archetypal twelvemonth aft enactment of Telangana it was accrued to 21% successful 2014-15.

In 2022-23, the stock of nett (bonus) to workers was accrued to 32% retired of the full nett profit.

Published - September 22, 2025 09:12 p.m. IST

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