Tamil Nadu Announces Bonus and Ex-Gratia for Public Sector Workers
Tamil Nadu Chief Minister MK Stalin announced a 20% combined bonus and ex-gratia for 'C' and 'D' category workers in state public sector undertakings. This initiative aims to boost employee morale, acknowledging their role in the state's economic growth. Tamil Nadu boasts the highest growth rate among Indian states.
- Country:
- India
Tamil Nadu Chief Minister MK Stalin has announced a significant gesture of appreciation for the workers in the state's public sector undertakings by declaring a 20 percent bonus and ex-gratia for employees categorized under 'C' and 'D'. This announcement underscores the state government's acknowledgment of the workers' vital contribution to Tamil Nadu's flourishing economy, which ranks as India's second-largest and reports the highest growth rate in the country for 2024-25.
The state has seen a commendable economic growth rate of 9.69 percent, credited largely to the dedicated efforts of employees from government, public, and private sectors. Highlighting the pivotal role of public sector workers, the government is also committed to fostering female workforce participation through various initiatives, including free bus travel and affordable accommodations under new schemes.
The bonus and ex-gratia payments, governed by the amended Bonus Act of 2015, aim to enhance morale among workers as they prepare for an upcoming festive season. With eligibility expanded to include all 'C' and 'D' category employees, the initiative will benefit 2,69,439 employees, with a total disbursement of Rs 376.01 crore. Such measures affirm the government's stance on empowering workers who are fundamental to the state's economic engine.
(With inputs from agencies.)
ALSO READ
Hungarian Metalworkers Forge Charity With Calendar Craze
RBI's Strategic Rate Cut Paves Way for Economic Growth
RBI's Timely Rate Cut to Boost India's Economic Growth Amid Low Inflation
ILO STREAM Programme Consults Nepal to Boost Protection for Migrant Workers in GCC Countries
Police in Spain make 11 arrests over alleged smuggling of 300 foreign workers

