Union Cabinet on Wednesday approved 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 Rs 3,737 crores, said Union Minister Prakash Javadekar.
He further said that the bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami.
The announcement brings cheer among government employees as uncertainty loomed large over bonus announcement this year, owing to Covid-19 pandemic.
The beneficiaries include 17 lakh non-gazetted employees from government's commercial establishments such as railways, post office, EPFO, ESIC and production and their share will be Rs 2,791 crore. The rest 13 lakh government employees will get non-productivity link bonus of Rs 946 crore.
The bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami: Union Minister Prakash Javadekar https://t.co/Y5ST8UGjjf— ANI (@ANI) October 21, 2020