Centre announces Rs 3,737 cr bonus for 30 lakh employees amid festive season

Video Credit: HT Digital Content
Published on October 21, 2020 - Duration: 04:50s

Centre announces Rs 3,737 cr bonus for 30 lakh employees amid festive season

The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy.

The decision to give a productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the Union Cabinet meeting, Minister of Information and Broadcasting Prakash Javadekar said.

The bonus ahead of Vijayadashami and Diwali will encourage the middle-class to go out and spend and thus add to the demand in the economy, he said.

The bonus will be disbursed in a week's time.

Watch the full video for more details.


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