Jaya announces Rs 240 crore Diwali bonus for PSU staff

Chief Minister J Jayalalithaa on Monday announced a Diwali bonus of Rs 240 crore to the 3.5 lakh employees of the State Public Sector Undertakings (PSUs) for the year 2012-13.

Published: 22nd October 2013 10:54 AM  |   Last Updated: 22nd October 2013 10:55 AM   |  A+A-

Chief Minister J Jayalalithaa on Monday announced a Diwali bonus of Rs 240 crore to the 3.5 lakh employees of the State Public Sector Undertakings (PSUs) for the year 2012-13. A decision to this effect was taken at a high-level meeting chaired by the Chief Minister at the Secretariat.

In a statement here, the Chief Minister said the employees of the Tamil Nadu Electricity Board, State-owned transport corporations, Tamil Nadu Civil Supplies Corporation, Arasu  Rubber Corporation, Tamil Nadu Forest Plantation Corporation, Tamil Nadu Tea Plantation Corporation, sugar mills in the cooperative and public sectors, Tamil Nadu Cooperative Milk Producers Federation and Tamil Nadu State Marketing Corporation will get 20 per cent bonus (8.33 per cent bonus and 11.67 per cent ex-gratia) for 2012-13.

All eligible employees of the cooperative societies will get 8.33 per cent bonus and 1.67 ex-gratia while the employees of the profit-making cooperative societies will get 20 per cent bonus, the Chief Minister said. The C and D Division employees of the Chennai Metropolitan Water Supply, Tamil Nadu Water Supply and Drainage Board and Sewerage Board will get a 10 per cent bonus (8.33 per cent bonus and 1.67 per cent ex-gratia).

Workers under contract basis working with the Tamil Nadu Electricity Board, temporary workers of the Tamil Nadu Civil Supplies Corporation, workers of Central Cooperative Societies and District Cooperative Societies who do not come under the Bonus Act will be given Rs 1,500 as ex-gratia. Workers of the primary cooperative societies who do not come under the Bonus Act will get Rs 1,200 as ex-gratia, the CM said.

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