The Tamil Nadu government announced a 20% bonus for employees of profit-making PSUs and a 10% bonus for those in loss-making PSUs
Tamil Nadu Chief Minister MK Stalin has announced bonuses for Grade C and D employees across all public sector organizations in the state.
In a press release, the Tamil Nadu state government said that the state leads in the number of factories and factory employees across key sectors, including manufacturing, vehicle and parts production, engineering, pharmaceuticals, garments, leather goods, technology, and other services.
Fueled by technological advancements, the tireless efforts of skilled workers producing world-class products, and fulfilling the government’s visionary schemes, Tamil Nadu is emerging as India’s leading manufacturing hub and is on track to becoming a $ 1 trillion economy by 2030, the release said.
Recognizing that the strength of workers drives a nation’s progress and plays a crucial role in boosting production and accelerating economic growth, the state government has announced a bonus to motivate and encourage employees in public sector enterprises.
The Tamil Nadu government has announced a 20% bonus for employees of profit-making PSUs and a 10% bonus for those working in loss-making PSUs. A 10% bonus will be given to Grade C and D employees working in the Tamil Nadu Housing Board and the Chennai Water Supply and Sewerage Board. Grade C and D employees in Tamil Nadu Drinking Water Supply Board will be given 8.3% bonus.
In addition to this, Rs 3,000 gratuity will be given to the temporary workers in the Tamil Nadu Consumer Goods Trading Corporation.
A minimum of Rs 8,400 and maximum Rs 16,800 will be given to government employees in Tamil Nadu as bonus. It has been estimated that Rs 369.65 crore will be given as bonus to 2,75,670 workers across the state. The bonus for employees working in cooperatives will be announced separately, the release said.
