This would cost the exchequer about Rs. 100 crore.
Chief Minister M. Karunanidhi made the announcement today, besides announcing 11.67 per cent incentive for 1.27 lakh employees of various transport corporations, a government release here said.
“Despite no hike in ticket fares since 2006 (when DMK came to power) and transport corporations running on losses, the government has been giving bonus and incentive. The expenditure due to this will be Rs. 99.54 crore,” the release added.
More than 17,000 “substitute” workers of various transport corporations will also benefit, the release added.
Source : The Hindu