Electricity Minister T Thiagarajan, legislators and volunteers of different wings of the ruling AINRC also garlanded the statue.
Workers of the Puducherry unit of CPI, led by commitee secretary R Viswnathan paid homage at the leader's statue.
Delegates of AITUC led by its secretary V S Abishegam also garlanded the statue.
Subbiah was CPI secretary here during the pre merger days. He founded a journal 'Swathanthiram' which was a mouthpiece of the party.
He was mainly responsible for introduction of eight hour schedule for workers in 1930s. He is also known for his contributions for the welfare of agrararian and industrial workers.