13 Lakh Railways Employees Get Productivity-Linked Bonus Upto Rs 17,900: Govt Spends Rs 1832 Crore
The Union Cabinet chaired by Prime Minister Narendra Modi has greenlit the payment of productivity linked bonus (PLB) to railway employees for the financial year 2021-22.
How it works
The payment made to railway employees each year is made before the dussehra/puja holidays.
This year too, PLB amount equivalent to 78 days wages has been paid to about 11.27 lakh non-gazetted Railway employees.
The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.
Who it affects
This amount has been paid to various categories, including track maintainers, drivers and guards, station masters, supervisors, technicians, technician helpers, controllers, pointsmen, ministerial staff and other group ‘C’ staff.
The financial implication has been estimated to be Rs 1,832.09 crore.
This decision has been taken despite adverse financial situations caused by post-Covid challenges, a statement from the government said.
What it’s for
The actual number of PLB days paid is more than the days worked out on the basis of defined formulae, it said.
This payment should act as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways, it added.