The Union Cabinet Wednesday approved a productivity-linked bonus (PLB) on the occasion of the upcoming festive season.
This will be equivalent to 78 days’ wage to eligible non-gazetted employees of the Indian Railways.
But it will exclude the RPF/RPSF personnel, for the fiscal year 2020-21.
Briefing the media on the key decisions taken by the Cabinet,
Union Minister Anurag Thakur briefed the media on the key decisions today.
As many as 11.56 lakh non-gazetted Railways staff will benefit from this move.
Moreover, the financial outgo this year is going to be Rs 1,985 crore. In 2020, it was pegged at Rs 2,081.68 crore.
As per reports, the Railways Ministry presented a proposal in front of the Union Cabinet. It pertained to the payment of PLB equivalent to 78 days’ wages for the FY 2020-21 for all eligible non-gazetted railway employees.
It is to be noted that the PLB on the railways covers all non-gazetted railway employees (excluding RPF/RPSF personnel) all over the country.
Last year also, Indian Railways had given a bonus worth 78 days’ wages to its 11.58 lakh non-gazetted employees.
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