Business Standard

Bonus for over 1.1 million railway employees gets nod

-

The Union Cabinet on Wednesday approved a productivi­ty linked bonus equivalent to 78 days' wage to eligible non-gazetted Railway employees, Union minister Anurag Thakur said. The bonus for the financial year 2020-21 will benefit about 1.156 million non-gazetted Railway employees, he said. An expenditur­e of nearly ~1,985 crore will be incurred on this. The bonus is usually announced ahead of Dussehra and Puja festivitie­s. The wage calculatio­n ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is ~7,000/- p.m. The maximum amount payable per eligible railway employee is ~17,951 for 78 days.

About 1.156 million non-gazetted Railway employees are likely to benefit from the decision. Railway Board Chairman and COO Suneet Sharma, later at a press conference, said that the bonus will be disbursed as usual before Dussehra. He said that the payment of these bonuses, specially after a tough year that saw railwaymen battling against coronaviru­s and still reporting for duty, would encourage them to work harder.

Newspapers in English

Newspapers from India