Central govt approves Rs 3737 cr bonus for 30 lakh employees

Posted Date : 29 Oct 2020

Posted By : Central govt approves bonus for employees

The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy. The decision to give a productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the Union Cabinet meeting, Minister of Information and Broadcasting Prakash Javadekar told reporters. The bonus ahead of Vijayadashami and Diwali will encourage the middle-class to go out and spend and thus add to the demand in the economy, he said.
Source : economictimes.indiatimes.com

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Central govt approves Rs 3737 cr bonus for 30 lakh employees

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