ONGC to give Khadi Bonus to employees; KVIC to organize 16 special exhibitions on ONGC premises

New Delhi, Jan 16 (KNN) The Khadi Village and Industries Commission (KVIC) in a tweet said that ONGC employees will now get Khadi Bonus.

KVIC Chairman VK Saxena said Oil and Natural Gas Corporation Ltd.(ONGC) employees will now get their annual cash bonuses in the form of Khadi vouchers for buying Khadi garments,.

He said the Khadi vouchers would be of 35 per cent higher value compared to the cash bonuses, thus giving the 35,299 ONGC employees additional benefits.

Saxena said according to the agreement ONGC will provide its employees with Khadi vouchers with an extra 35 per cent incentive, enhancing the value of bonus to 135 per cent of the cash value.

Against this, the total sale of KVIC products would be around Rs 47 crore, of which 22 per cent or Rs 10 crore would be wages and five per cent rewards to artisans joining this special marketing initiative, he added.

Further, KVIC will also organize 16 special exhibitions on ONGC premises to sell its top quality products.

The first of these expos will start from Monday in Maharashtra and Gujarat which will continue till February 14, to be followed by a calendar of exhibitions in Andhra Pradesh, Puducherry, Tripura, Tamil Nadu, West Bengal, Jharkhand and Goa.