Coal news and updates

Singareni Collieries inducts two new directors from Coal Ministry

The Government of India has appointed Peeyush Kumar, Director (Technical) Ministry of Coal, and Jagadish Kumar, Deputy Secretary, Ministry of Coal in place of A.K. Bhalla and D.N. Prasad on the Board of Singareni Collieries Company Limited.

The 530th Board of Directors meeting chaired by N. Sridhar, Chairman and Managing Director of SCCL, took a number of decisions towards welfare of employees including move to implement Prime Minister Suraksha Bhima scheme for all employees from June, 2015.

The scheme will be implemented with Rs. 12 premium per annum and provide life cover of Rs. 2 lakh/1 lakh on accident death/disability as per terms and conditions of the scheme, according to a statement.

source: http://www.thehindubusinessline.com