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Minister announces bonanza for CIL employees

DHANBAD: Union coal minister Sriprakash Jaiswal on Thursday promised four per cent share in the profit of the Coal India Limited (CIL) to the
employees. "For every one million tons produced extra by the CIL, the employees would get four per cent share in the profit," he said.

In the current season, the CIL expects a profit of Rs 500 crore, Jaiswal said. He announced the incentive scheme to motivate workers. The profit would be distributed by the trade union leaders and the officers of the BCCL and the Central Coalfields Limited, he said.

Addressing a press conference after reviewing the performance of the different companies of the CIL, Jaiswal, who was on his maiden trip to the coal capital of the country, said he would meet Jharkhand Governor Syed Sibtey Razi in Ranchi on Friday and discuss the problem of rehabilitation of Jharia oustees.

He stressed early shifting of people from the endangered fire zone and said that he would impress upon the Governor to ask the police to evict the people from Jharia. He also asked for early construction of houses for the oustees in the rehabilitation colonies for which a Rs 6600-crore package has been prepared.

Jaiswal said there were several projects of the coal companies pending clearance from the environment ministry. The Union environment minister has promised to get these schemes cleared within the next six months and he hoped the state, too, would give environmental clearance within six months. He also asked the state government to expedite the land acquisition process for early execution of different mining projects in Jharkhand.

He claimed that Prime Minister Manmohan Singh had assigned the coal ministry to him since coal production is vital to industrial growth. He said that besides increasing coal production, he would also prevent illegal coal mining.
http://timesofindia.indiatimes.com/Ranchi/Minister-announces-bonanza-for-CIL-employees/articleshow/4703017.cms

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