HYDERABAD: Chief Minister A. Revanth Reddy has urged the Central government to compensate Telangana for an estimated annual revenue loss of 7,000 crore resulting from the newly-introduced GST rate rationalisation. Announcing profit-sharing bonuses for Singareni Collieries Company Limited (SCCL) employees, the Chief Minister highlighted the financial impact of the GST restructuring on state finances. “The Telangana government stands firmly with Singareni employees, recognising their pivotal role in the state’s progress and prosperity,” he declared. He also recalled the unwavering support Singareni workers extended to the Telangana movement, emphasising that their contribution to securing statehood would always be remembered. Out of a total income of ₹6,394 crore, the Chief Minister announced that ₹4,034 crore would be reinvested into the company for expansion.