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Coal India, Hindustan Copper, and NALCO Announce Major Insurance and Welfare Initiatives for workforce

Coal India Hindustan Copper and NALCO Announce Major Insurance and Welfare Initiatives for workforce

Coal India, Hindustan Copper Ltd (HCL), and NALCO have announced significant enhancements in employee welfare and safety initiatives. Coal India has introduced a Rs 1 crore personal accident insurance for its regular employees and Rs 40 lakh for contract workers, along with an increase in ex gratia amount for mine accident fatalities from Rs 15 lakh to Rs 25 lakh, demonstrating its commitment to safety and family support. HCL partnered with SBI to offer Rs 1 crore coverage for its employees and Rs 20 lakh for contractual workers, along with introducing a uniform to boost unity. NALCO extended Rs 1 crore accident coverage to all employees and Rs 20 lakh for contractual workers, emphasizing inclusive growth and social security. These moves highlight the companies’ focus on employee welfare, safety, and corporate responsibility in the mining and metals sector.

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