Coal India unleashes Rs25 lakh worker bonanza as mining giant tightens grip on talent war
Coal India, the world’s largest coal producer, has announced a comprehensive enhancement of employee benefits as the state-controlled mining giant seeks to retain talent amid India’s expanding energy demands. The company will implement new uniform policies whilst significantly increasing ex-gratia payments for workers from Rs15 lakh to Rs25 lakh, marking a 67 per cent increase in compensation.
The benefit enhancement comes as Coal India faces mounting pressure to maintain production levels whilst addressing workforce retention challenges. The state miner, which controls approximately 70 per cent of India’s coal production, has been grappling with skilled labour shortages across its mining operations in eastern India.
Industry analysts suggest the move reflects broader competitive pre...