Hindustan Copper Limited (HCL), a Central PSU under the Ministry of Mines, has announced a set of welfare initiatives aimed at strengthening financial protection and fostering organisational unity among its employees and contractual staff.
A key highlight is the Group Personal Accident (GPA) Insurance Policy, which now provides ₹20 lakh coverage for every contractual worker while on duty—a move that extends social security beyond permanent staff. In addition, HCL has partnered with State Bank of India, Indian Overseas Bank, and other institutions to introduce a Corporate Salary Package (CSP). Under this scheme, contractual employees will receive accident insurance coverage of up to ₹40 lakh along with enhanced banking services for themselves and their families.
For its regular employees, HCL has launched a Group Personal Accident Insurance Scheme in association with SBI, offering coverage of ₹1 crore, applicable both on and off duty. The company described it as one of the most extensive welfare measures ever introduced in its history.
Beyond financial protection, HCL has also introduced a common uniform for all employees across its operations. The initiative is aimed at strengthening corporate identity, promoting inclusivity, and fostering a sense of equality and unity, while underscoring HCL’s positioning as the “Copper Miner of India.”
By combining robust insurance safeguards with symbolic measures that build identity and belonging, HCL said it is reinforcing its commitment to employee welfare and strengthening its reputation as an organisation that prioritises both safety and dignity at work.
Get it on Play Store