HomeNewsBusinessCompaniesGovt retains rate of bonus in PSUs at last year's level

Govt retains rate of bonus in PSUs at last year's level

Puducherry governemnt today said said employees in the state government owned Public Sector Undertakings, Statutory Boards, Corporations, Cooperative Societies and autonomous bodies and institutions will be paid bonus and ex-gratia for Diwali this year at the same rate as was available in the previous year.

November 09, 2012 / 22:34 IST
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Puducherry government today said employees in the state government owned Public Sector Undertakings, Statutory Boards, Corporations, Cooperative Societies and autonomous bodies and institutions will be paid bonus and ex-gratia for Diwali this year at the same rate as was available in the previous year.


Chief Minister N Rangasamy said in a release today that a total of 9022 staff and employees would be benefitted by the bonus payment which would involve disbursement of Rs 7.60 crores for the managements of various undertakings here.
In the meanwhile the Finance Department in a separate release stated that the corporations and other institutions should ensure that bonus and ex gratia did not exceed the maximum disbursement of Rs 11,000 per staff.
first published: Nov 9, 2012 10:31 pm

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