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The Hindu·3 min read·medium

Centre bolstering SCCL through coal block allocations: Kishan Reddy

T
The Hindu Bureau
Centre bolstering SCCL through coal block allocations: Kishan Reddy
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Union Minister G. Kishan Reddy has criticized the financial management of Singareni Collieries Company Limited (SCCL) and accused previous state governments of failing to clear significant dues. He highlighted the Centre's allocation of the Tadicherla-II coal block as a strategic move to ensure the company's long-term viability.

Union Minister for Coal and Mines G. Kishan Reddy on Monday expressed concern over the declining revenues of the Singareni Collieries Company Limited (SCCL) and the steady fall in its workforce, which has dropped from nearly 70,000 employees to about 40,000 over the years. He noted that more than 30,000 contract workers also depend on the company for their livelihood.

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