Coal India Announces Performance-Linked Reward of Rs 72,500 Per Non-Executive Employee for FY21, Energy News, ET EnergyWorld


New Delhi: State-owned Coal India on Tuesday announced a performance-related award of Rs 72,500 per employee to all its non-executive workforce for the 2020-2021 fiscal year. Payment of the Performance-Linked Reward (PLR) would be made no later than October 11, 2021.

“Non-management employees of Coal India Ltd (CIL), its subsidiaries and Singareni Collieries Company Ltd (SCCL) will receive an amount of Rs 72,500 as DPP for fiscal year 2020-21,” Maharatna said in a statement.

The decision was taken on Monday at a bipartite meeting of representatives of trade union centers (CTUs), members of the standardization committee of the JBCCI-X and of the management of the CIL and the SCCL, which was held at the office of the CIL in New Delhi, according to the statement.

“The government under Prime Minister @narendramodi ji is committed to the well-being of #CoalWarriors. In recognition of their nation-building efforts, the performance-related reward increased from Rs 68,000 to Rs 72,500 per person , this year. @CoalIndiaHQ @PRO_SCCL “Coal and Mines Minister Pralhad Joshi said in a tweet.

The company said 250,052 people will benefit from the move, the statement said.

In particular, the non-executive management employees of CIL, its subsidiaries and SCCL had received last year an amount of Rs 68,000 as a DPP.

CIL represents more than 80 percent of the national coal production.


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