Lucknow, Oct 17 (
IANS)
Uttar Pradesh Chief Minister Mayawati Monday announced a bonus for all Class III and Class IV employees as well as
teachers of all government and state-aided
educational institutions.
'All
employees whose grade pay was less than Rs.13,500 per month would be entitled to the
bonus for which an upper ceiling of Rs.3,500 has been fixed,' said an official spokesman.
'While 50 percent of the
bonus would be paid to the entitled employees and teachers before Diwali, the remaining part will be deposited in their
provident fund accounts,' he said.
As many as 15 lakh employees would be benefit by the decision which will cost the state exchequer some Rs.508 crore, he added.
[Source]
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