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The Hindu
The Hindu
National
The Hindu Bureau

T.N. announces Deepavali bonus for PSU workers

Deepavali

Ahead of Deepavali, the Tamil Nadu government led by Chief Minister M.K. Stalin on Thursday announced a bonus and ex-gratia for over 2.83 lakh eligible employees and workers of State-run Public Sector Undertakings (PSUs) for 2022-23. The State exchequer would incur an expenditure of ₹402.97 crore.

Eligible employees of Tangedco, various State Transport Corporations and the Tamil Nadu Civil Supplies Corporation would get an 8.33% bonus and 11.67% ex-gratia, an official press release said.

While workers of profit-making PSUs would get a 20% bonus of 8.33% and 11.67% ex-gratia, those in loss-making PSUs would get 10% (bonus of 8.33% and 1.67% ex-gratia), it said.

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