Union Cabinet approves bonus for Central Govt employees, over 30 lakh to benefit

The bonus will be given in a week's time

Tribune News Service
New Delhi, October 21

Ahead of the festival season, the Union Cabinet has approved bonus for the year 2019-20.

The government announced on Wednesday, that the Union Cabinet has decided to give the bonus to its 30 lakh on-gazetted employees, including those working in commercial organisation i.e. Railways.

After the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, Minister for Information and Broadcasting Prakash Javadekar told the media, that the decision would have a total financial implication of Rs 3,737 crore—which would be spent in markets, and help boost demand.

"The Union Cabinet has approved productivity linked, and non-productivity linked bonus for 2019-2020. The bonus would be given in a single installement, through Direct Benefit Transfer, before Vijayadashami,” the Minister added.

Union Minister Prakash Javadekar addresses a press conference on Cabinet decisions in New Delhi on Wednesday. Tribune Photo: Manas Ranjan Bhui.

The Finance Minister, Nirmala Sitharaman, on October 12 had announced the steps to stimulate consumer demand, including advance payment on a part of the wages of its employees, during the festival season, and more capital spending as it supports the pandemic-hit economy.

Top Stories

Talks fine but no precondition, say farmers

Talks fine but no precondition, say farmers

Turn down Union Home Minister’s offer | Reaching out, Shah s...

BJP MLA Kiran Maheshwari dies after testing positive for Covid

BJP MLA Kiran Maheshwari dies after testing positive for Covid

Maheshwari, a three-time MLA from Rajsamand, was undergoing ...

26/11: Extradition hearing for Tahawwur Rana to be held on February 12

26/11: Extradition hearing for Tahawwur Rana to be held on February 12

Rana, 59, a childhood friend of David Coleman Headley, was r...

Cities

View All