Bhubaneswar, 16 th September 2025: Under the visionary leadership of Shri
Narendra Modi, Hon’ble Prime Minister, the mining sector in India has witnessed
transformative reforms aimed at enhancing the welfare, safety, and livelihoods of
mine workers. These forward-looking initiatives have not only improved working
conditions and safety measures but have also opened doors for skill development,
social security, and sustainable growth.
In line with the Hon’ble Prime Minister’s vision, National Aluminium Company
Limited (NALCO), the Navratna CPSE under the Ministry of Mines, Government
of India, and the country’s leading integrated aluminium producer with its own
mining and smelting operations continues to undertake progressive initiatives to
support its workforce. As a pioneering initiative and in line with its commitment to
employee welfare, NALCO is extending Group Personal Accident Insurance
coverage of ₹1 crore to all its regular employees through corporate salary accounts
with SBI and other partner banks.
The company has also launched a Group Personal Accident Insurance Scheme for
its contractual workforce. Under this scheme, each contractual worker is covered
for ₹20 lakh in the event of accidental death while on duty, and ₹10 lakh in case of
disability. Guided by the Ministry of Mines, Government of India, under the
leadership of Shri G. Kishan Reddy, Hon’ble Union Minister of Coal and Mines,
these efforts reflect the company’s strong commitment to inclusive growth, social
security, and sustainable development in the mining sector.
With these significant moves, the company has ensured greater financial security
for employees and underscored NALCO’s proactive approach to safeguarding its
workforce.
NALCO Strengthens Social Security for its Workforce
