Coal India Share Price in Focus; Raises Workers’ Ex-Gratia to ₹25 Lakh, Introduces Uniforms for Employees

Coal India Limited (CIL), the country’s largest coal producer, has announced two major employee welfare and organisational culture initiatives. Union Coal Minister G. Kishan Reddy shared the updates while addressing the media, highlighting reforms aimed at supporting workers and modernising operations.

Coal India’s Enhanced Compensation for Workers

From September 17, 2025 (Vishwakarma Diwas), ex-gratia paid to workers in case of mine accidents will increase to ₹25 lakh, up from the current ₹15 lakh. This step is expected to provide greater financial security to workers’ families.

In addition, Coal India will also extend:

• ₹1 crore accidental insurance cover for permanent employees.
• ₹40 lakh accidental insurance for contractual workers.

Uniforms for All Coal India Staff

For the first time since India’s independence, Coal India will introduce uniforms for every employee, including workers, officials, contractual staff, and even CMDs of its subsidiaries. The rollout begins September 17, and is aimed at promoting discipline, unity, and a sense of identity across the organisation.

Focus on Reducing Imports and Sector Reforms

The minister also underlined the government’s commitment to reducing reliance on coal imports, which saved ₹60,000 crore in 2024. Future plans include:

• Strengthening transparency in block auctions.
• Encouraging both public and private players in the coal sector.
• Driving the ₹32,000 crore National Critical Mineral Mission to accelerate exploration of critical minerals.

Coal India Share Price Performance

Coal India’s share price traded around ₹394.55 at 3:10 PM on the NSE as of September 12, 2025, reflecting a modest gain of about 0.31% from the previous close of ₹393.35. During the session, the stock touched a high of ₹396.20 and a low of ₹393.20, showing relatively narrow movement through the day.

Read More: Coal India Fined ₹10.72 Lakh by NSE and BSE for Board Non-Compliance.

Conclusion

Coal India’s latest decisions mark a blend of welfare measures for workers and cultural transformation across the company. With higher accident compensation, comprehensive insurance, and new uniforms, the PSU is looking to boost employee security and organisational unity, while the government continues to push reforms for long-term sustainability in India’s coal sector.

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