Tamil Nadu govt announces 20 per cent Deepavali bonus to transport employees

author-image
Salka Pai
Updated On
New Update
Tamil Nadu govt announces 20 per cent Deepavali bonus to transport employees

Tamil Nadu Chief Minister K Palaniswami (File Photo)

Tamil Nadu Chief Minister K Palaniswami on Friday announced a Deepavali bonus to the tune of Rs 215.99 crore that would benefit 1.44 lakh employees of the state-transport corporations.

According to the orders issued by the Chief Minister, 1.44 lakh employees of the transport corporations would receive a bonus of 20 per cent including 11.67 per cent ex-gratia, an official release said.

The Chief Minister also issued orders that the subsidy provided by the government to the transport corporations would continue enabling them to meet the additional expenditures incurred due to rise in fuel costs.

Also Read | India shines as Meenakshi Chaudhary honoured as runner-up at Miss Grand International 2018

“Based on the directive, to meet the additional expenses between January 20 and September 30, 2018, the government announced a subsidy of Rs 198.66 crore to the transport corporations”, the release said.

Noting that the transport corporations were undergoing severe financial crunch, Palaniswami issued orders to release the arrear amount of Rs 251.2 crore to benefit the retired employees of the corporation, it added.

Palaniswami Diwali festival Deepavali festival Deepavali bonus Tamil Nadu govt