Hyderabad, Jan. 2 -- Sigachi Industries has informed the Telangana High Court that of the Rs 1 crore compensation publicly announced for each worker who died in the blast at its Pashamylaram unit, the company's liability is limited to Rs 42 lakh, with the remaining Rs 58 lakh to be paid by the government.
In a counter affidavit filed before the court, the company said this compensation structure was formalised through an agreement dated July 1.
Company explains Rs 42 L component
It stated that the Rs 42 lakh component covers statutory dues such as ESI, provident fund and insurance, in addition to the ex gratia amount announced after the June 30 explosion at its Pashamylaram facility in Sangareddy district.
Sigachi told the court that ...
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