Bonus for over 30 Lakh Central Employees
- Indian Masterminds Bureau
- Published on 21 Oct 2020, 9:13 pm IST
- 1 minute read
Highlights
the announcement should bring cheers to a large number of Central Government employees.
- Prime Minister Mr Narendra Modi
In a move that would benefit over 30 lakh Central Government employees, the Union Cabinet today announced a bonus for them for the year 2019-2020. The decision was taken by the cabinet meeting chaired by Prime Minister Narendra Decision.
Giving details, Union Minister Mr Prakash Javadekar said, “the Union Cabinet has approves productivity-linked bonus and non-productivity linked Bonus for 2019-2020. More than 30 lakh non-gazetted employees will be benefited by the bonus announcement and total financial implication will be ₹ 3,737 crores.’’
The money will be given in a single installment before Vijaya Dashami, Mr Javadekar added, expressing hope that “it would encourage spending and boost the economy.’’
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