Coal India Limited Employees to Receive ₹1.03 Lakh PLR Bonus for FY 2024-25
Payments to be made before September 26; Employees of CIL subsidiaries and SCCL to benefit
A landmark decision has been taken regarding the Performance Linked Reward (PLR) bonus for the financial year 2024-25 for non-executive cadre employees of Coal India Limited (CIL), its subsidiaries, and Singareni Collieries Company Limited (SCCL).
At the 6th marathon meeting of the Standardisation Committee of JBCCI-XI, held on September 25 in Kolkata, deliberations that began at 3:30 pm and continued till 2:00 am resulted in the finalisation of the bonus amount.
Union representatives initially demanded ₹1.50 lakh, later scaling down to ₹1.25 lakh. After hours of tough bargaining, both sides agreed upon ₹1,03,000 (Rupees One Lakh Three Thousand) as the PLR bonus for FY 2024-25.
Key Highlights
- PLR bonus fixed at ₹1,03,000 for FY 2024-25.
- Last year’s PLR bonus stood at ₹93,750.
- Bonus to be paid on a pro-rata basis.
- Payments to CIL employees and subsidiaries will be made on or before September 26, 2025.
- SCCL employees will also receive the same benefit.
Meeting Participation
The discussions witnessed active participation from management representatives of CIL, MCL, ECL, BCCL, SECL, SCCL, and NCL, along with trade union leaders from BMS, HMS, AITUC, CITU, and INMF/Anup Singh (as per Calcutta High Court order).
The decision comes as a huge relief for over three lakh coal workers, with the bonus crossing the ₹1 lakh mark for the first time in recent years.
Official Reactions
Following the announcement, Coal India Limited posted on X (formerly Twitter):
“Congratulations to the Coal Parivar!
2.09 lakh non-executive employees of the Coal India family are receiving a Performance Linked Reward (PLR) of ₹1,03,000 today.
Our heartfelt gratitude to Shri G. Kishan Reddy, Hon’ble Union Minister for Coal & Mines, and Shri Satish Chandra Dubey, Hon’ble Minister of State for Coal & Mines, for their continuous guidance and support!”
Vinay Ranjan, Director (HR), CIL, speaking to www.indianpsu.com, expressed happiness over the unanimous agreement between unions and management. He highlighted that this decision carries special significance as CIL celebrates its 50th year of establishment, and thanked Union Coal and Mines Minister G. Kishan Reddy for his consistent support.
