1 hr ago
KTR Demands Revanth Fulfill Promises, Halt Singareni Share Sale
K.T. Rama Rao asked Chief Minister A. Revanth Reddy to protect Singareni Collieries from a possible sale to private companies.
He also said promises made to Singareni workers before the election should be kept.
Rama Rao said the workers help the company earn large profits.
He wants them to receive more than 36% of the company’s actual profits.
He also said the government owes Singareni ₹60,000 crore.
Workers were promised refunds of income tax paid on certain benefits.
Rama Rao wants workers to receive land and interest-free loans to build homes.
He also called for resolving name-change problems and giving jobs to dismissed workers.
K.T. Rama Rao urged Chief Minister A. Revanth Reddy to stop reported plans to sell the government’s Singareni shares.
Rama Rao said Congress election promises to Singareni workers remain unfulfilled after three years in power.
He demanded workers receive more than 36% of Singareni’s actual profits.
He said the government should immediately repay ₹60,000 crore owed to Singareni Collieries.
Other demands include income-tax refunds, housing assistance, land, name changes, and jobs for dismissed workers.
- Who
- BRS working president K.T. Rama Rao and Chief Minister A. Revanth Reddy; Singareni workers are affected.
- What
- Rama Rao demanded that the government stop reported plans to sell its Singareni shares and fulfill promises to workers.
- Where
- Hyderabad, in an open letter to the Telangana chief minister.
- When
- The demand was made on Tuesday; Rama Rao said three years had passed since Congress came to power.
- Why
- Rama Rao said workers were not receiving their promised share of company profits and other election commitments remained unfulfilled.
Key facts
- Company
- Singareni Collieries Company Limited (SCCL)
- Profit-share demand
- More than 36% of actual company profits for workers
- Government debt cited
- ₹60,000 crore owed to SCCL
- Housing land demand
- 250 square yards per worker
- Housing loan demand
- ₹20 lakh interest-free loan
- Additional worker demand
- Refund of income tax on perks
- Employment demand
- Job opportunities for dismissed workers
Quotes
K.T. Rama Rao
BRS working president and political leader
“While workers are contributing their blood and sweat and bringing profits worth thousands of crores of rupees to the organization, the government is doing injustice by not giving them their rightful share of those profits.”
deccanchronicle.com
Sources
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