Cabinet approves bonus for central govt employees, 3 mn to benefit
As many as 3 million non-gazetted union government employees will get bonus amounting to Rs 3,737 crore as a step to revive demand in the economy, the cabinet decided on Wednesday. "The Union cabinet has approved productivity linked and non-productivity linked bonus for 2019-2020. The bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami," said Union Minister Prakash Javadekar at a press briefing, referring to the holiday on October 25. Read more here.
No merit in relaxing 10% cap on single stock investment: