The Uttar Pradesh State Industrial Development Authority (UPSIDA), while focusing on industrial development and investment promotion, continues to prioritise employees’ welfare and interests. In this regard, the Chief Executive Officer of the Authority has approved an ex-gratia payment ranging from Rs 5,000 to Rs 15,000 to employees for the financial year 2025-26.
On the auspicious occasion of Diwali, the Authority has decided that 494 permanent employees will receive an ex-gratia amount of Rs 15,000 each, while 11 temporary employees will receive Rs 5,000 each.
Commenting on the decision, Chief Executive Officer Balkar Singh said, “UPSIDA is fully committed not only to accelerating industrial development and creating an investment-friendly environment in the state but also to the welfare and interests of its employees.
Employees play a significant role in achieving the Authority’s objectives and ensuring the effective execution of its activities.
Recognising their valuable contribution and keeping their welfare in mind, the Authority has decided to provide ex-gratia payments on the auspicious occasion of Diwali.
The Authority will continue to make consistent efforts towards employee welfare and providing a positive and conducive working environment in the future as well.”
Alongside its efforts to develop industrial areas, attract investments and generate employment, UPSIDA is also placing special emphasis on organisational strengthening and employee welfare.
The Authority aims to further strengthen a positive, collaborative, and result-oriented work culture by recognising and encouraging employees’ contributions.