Festive Season Bonus 2020: Central Government Announces Rs 3,737 Crore Bonus for 30.67 Lakh Non-Gazetted Employees
The central government on Wednesday decided to give Rs 3,737 crore as bonus to 30.67 lakh non-gazetted employees with a view to encourage spending during the festival season.
New Delhi, Oct 21: The central government on Wednesday decided to give Rs 3,737 crore as bonus to 30.67 lakh non-gazetted employees with a view to encourage spending during the festival season.
The decision to give productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the meeting of the Union Cabinet, Minister of Information and Broadcasting Prakash Javadekar told reporters. Dussehra Bonus For Non-Gazetted Central Government Employees Approved by Union Cabinet.
The bonus, to be given in a week's time, will encourage the middle-class to spend and thus add to the demand in the economy, the minister said.