Despite crunch, Travancore Devaswom Board to give out Onam bonus
The Hindu
With the uncertainty over the length of the pandemic-induced disruptions, the Board is also exploring ways to diversify its finances while rationalizing the expenditure.
Notwithstanding the drastic decline in its revenue profile since the onset of COVID-19, the Travancore Devaswom Board (TDB) has decided to give out the bonus and festival allowance to its employees in connection with the Onam season. Confirming the move, N.Vasu, TDB president said that the board had decided to pay the festival allowance and bonus to its employees at the rates announced by the State government. They, however, will not be eligible for the Onam advance of Rs.15,000, as announced by the government.
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