Chennai: The Tamilnadu government has announced Deepavali bonus for more than 2.1 lakh employees of State Public Sector Undertakings (PSUs) for the year 2019-20.
An official statement said the Covid-19 pandemic had affected the PSUs. Because of the lockdown that had hit transport and the functioning of factories for the past six months, the revenue of these PSUs had come down.
“However, in the interest of the families of those employed at the PSUs, the monthly salary is being paid. Though the profit-making PSUs had surplus funds to pay bonuses, they continue to face challenges,” it added.
The release said Group ‘C’ and ‘D’ category workers and employees working in all profit/loss-making public sector undertakings will be given a bonus of 8.33 per cent and an ex-gratia of 1.67 per cent.
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, it added.
The statement further 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.