Diwali Bonus Announced for 1.482 Million Government Employees in Uttar Pradesh
The Uttar Pradesh government has announced a festive Diwali bonus for 1.482 million state employees, including teachers and educational staff, as a token of appreciation ahead of the festival. Each employee will receive ₹6,908 as a bonus, a move set to benefit a large section of the workforce.
According to the official directive issued by Deepak Kumar, the Additional Chief Secretary of Finance, the bonus will be distributed to all eligible state employees, providing a financial boost as Diwali approaches.
Bonus Details and Distribution The total bonus amount for each employee is set at ₹6,908. Of this, 75% (₹5,181) will be deposited into the employee’s General Provident Fund (GPF) account, while the remaining 25% (₹1,727) will be given as cash to the employees. For those employees who are not members of the GPF, the 75% portion will be deposited into the National Savings Certificate (NSC) or Public Provident Fund (PPF).
Financial Impact This bonus distribution is expected to put an additional burden of ₹1,022 crore on the state government’s finances. However, this expenditure is seen as a necessary step in rewarding the dedication and hard work of the state employees.
Eligibility Criteria The bonus will apply to full-time employees who have worked for the state government for at least one year by March 31, 2024. Additionally, daily wage workers who have completed 240 days of service annually are also eligible for the bonus. Employees working in educational institutions, local bodies, technical educational institutions, and other government departments will receive the benefit.
Exceptions Certain employees, such as those who have been penalized or faced departmental action during the fiscal year 2023-24, will not be eligible for the bonus.
Implications for the Upcoming Fiscal Year This bonus announcement comes at a crucial time, as it not only boosts morale but also provides additional income ahead of the festive season. Employees are expected to use this bonus for festive purchases, thereby contributing to the local economy as well.
Highlighted Key Points:
- ₹6,908 Diwali bonus for 1.482 million state employees.
- 75% of the bonus will go to the GPF; the rest will be paid in cash.
- Bonus applicable to full-time and daily wage workers with 240 days of service.
- An extra financial burden of ₹1,022 crore for the Uttar Pradesh government.
- Employees facing penalties or departmental actions will not receive the bonus.
