7th Pay Commission Latest News: Ahead of Diwali, Tami Nadu Govt Announces Bonus For Over 2.91 Lakh Employees

7th Pay Commission Latest News: Here comes a piece of good news for the government employees of Tamil Nadu as the state has announced Diwali bonus to the tune of Rs 210.48 crore to the PSU employees in the state. Also Read – With COVID Guidelines in Place, Schools in These States to Reopen From Mid-November | Check Detailed SOPs Here

The announcement from the state government comes despite a dip in the operating income of many companies due to non-operation of public transport and factories due to the COVID-19 lockdown. Also Read – 7th Pay Commission Latest Update Today: Ahead of Diwali, Govt Employees of These States to Get Bonus, Gifts | Details Here

As per updates, the move from the state government is going to benefit over 2.91 lakh employees. The beneficiaries include the Group ‘C’ and ‘D’ category workers and employees working in all profit/loss-making public sector undertakings. They will be given a bonus of 8.33 per cent and an ex-gratia of 1.67 per cent. Also Read – Ahead of Diwali, Punjab NGO Makes Diyas and Idols With Cow Dung

Moreover, the eligible permanent workers will receive a bonus and ex- gratia of Rs. 8,400 each. The government’s gesture will enable workers of PSUs to celebrate the festival in a dignified and special way, the release said.

“The employees’ toil plays an important role in accelerating the countrys economic growth. It is through their hard work that the country is achieving excellent economic growth,” the order from the state said.

The order further stated that the implementation of the COVID19-induced lockdown across the country to reduce the impact of the virus has affected the functioning of all business entities, including state PSUs and statutory boards.

Particularly the labour-intensive government agencies such as the Tamil Nadu State Transport Corporation, the Tamil Nadu Electricity Generating and Distribution Corporation, Tamil Nadu Consumer Goods Corporation, the Tamil Nadu Tea Plantation Corporation and several others have been affected.

Since the last six months, the operating income of the above companies has come down due to non-operation of public transport and factories.

“Despite this, all workers were paid full monthly wages in the interest of their families,” the release added.

(With input from PTI)