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Pti

Bhubaneswar: Mahanadi Coalfields Ltd (MCL) today announced increase in the amount of cash compensation in lieu of employment from Rs 10 lakh to Rs 16 lakh to the land oustees, as against Odisha s Resettlement & Rehabilitation policy of providing maximum cash compensation of Rs 8.5 lakh.

For the benefit of project affected family, who do not wish to avail employment, MCL had doubled maximum compensation in lieu of employment to Rs 10 lakh on May 12, 2011, which has further been enhanced to Rs 16 lakh with effective from November 1, 2016, a company release said.

Further, the company has doubled the rate of one time cash compensation in lieu of plot at resettlement site from Rs 3.00 lakh to Rs 6.00 lakh, it said.

With this increase in compensation package, the company has offered the land oustees with great financial lee-way to select the plot and shift to their place of choice.

For 20 or more families of project affected people shifting to a common place, MCL also develops infrastructural like, road, drinking water, electricity, drainage and boundary wall, the release added.

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