Because of Congress SCCL lost its 49% share to Centre: CM KCR

It was because of inefficiency of Congress rulers in erstwhile Andhra Pradesh SCCL had to lose 49 per cent share to the Centre, said BRS chief, Chief Minister K Chandrashekhar Rao. SCCL, which was started during the reign of Nizams and was a Telangana 100 percent property, had lost its share due to non-payment of debts by the Congress rulers, otherwise entire mines operated by the company could have remained with Telangana, he said addressing Praja Ashirwada Sabha in Kothagudem on Sunday

SCCL with a history of 134 years was an asset for Telangana. Congress rulers took loans from the Central government and did not repay the loans for 30-40 years. Youngsters should know the history of Singareni, KCR said. He further said that as soon as Telangana State was created, the BRS government streamlined the company affairs and put it on right track. As first step the government has given 3 per cent Telangana State increment to the SCCL employees.

The turnover of the company was Rs.11, 000 crore during the Congress regime. It has reached Rs.33, 000 crore now. Singareni’s profit which was Rs. 419 crore now reached Rs.2, 184 crore. Earlier, the profit distributed to the workers was Rs 60 to 70 crore annually. But during this Dussehra, the profit distributed was Rs.700 crore. Singareni is bustling with young workers due to new appointments, the Chief Minister said.

Before Telangana formation only 6, 400 jobs were created. The Telangana government filled up 19, 463 jobs in the past nine and a half years. It was the Congress that abolished dependent jobs. As soon as the BRS government formed the dependent jobs were restored. 15, 256 dependents have been employed through it.

In the past, if the workers died, they would give one lakh rupees. Now the government is giving Rs.10 lakh and if the dependent does not take the job, Rs.25 lakh paid to the deceased employee’s family. 22, 000 people living in Singareni areas have been given house titles through GO 76, he said. The Chief Minister appealed to the public to think carefully before casting their vote. The best among the candidates have to be elected by considering attitude of the parties and what they have done while in power should be weighed.