UCIL disburses Rs 10 crore bonus to permanent employees across mines
PINAKI MAJUMDAR Jamshedpur, Sept 26: In a major festive boost for its workforce, Uranium Corporation of India Limited (UCIL) on Friday…
PINAKI MAJUMDAR
Jamshedpur, Sept 26: In a major festive boost for its workforce, Uranium Corporation of India Limited (UCIL) on Friday credited bonus payments into the bank accounts of its permanent employees.
The company disbursed nearly Rs 10 crore as part of the annual bonus settlement.
As per the agreement, the bonus was calculated at 55% of the employees’ basic salary.
Also Read- Coal PSUs to reward non-executive employees with Rs 1.03 Lakh PLR
Workers at the lower end of the pay scale, with a basic of Rs 27,000, received Rs 15,000 as bonus, while those drawing a basic salary of Rs 1 lakh were paid up to Rs 55,000.
The distribution covered employees across UCIL’s seven uranium mines — Jadugoda, Baghjata, Bhatin, Narwa Pahar, Turamdih, Mahuldih, and Banduhurang Open Cast — as well as the Tummalapalle project in Andhra Pradesh.
The tradition of annual bonus payments at UCIL was established following a week-long strike in 2022, spearheaded by Singhbhum Uranium Mazdoor Union under the leadership of its president, Babu Lal Soren.
Also Read- PM Modi unveils ₹60,000-crore development projects in Odisha’s Jharsuguda
The strike culminated in a settlement ensuring that the company pays 55 % of the basic salary as bonus every year, with a minimum payout of Rs 15,000 and a maximum of Rs 55,000.
This year’s timely disbursal has been welcomed by employees, adding festive cheer ahead of the season.
