Big Dussehra and Diwali cheer for Indian Railways employees! In an annual boost, PM Narendra Modi-led Union Cabinet has approved the festive season productivity-linked bonus (PLB) for Indian Railways employees. This PLB is equivalent to 78 days’ wages. Union Minister Prakash Javadekar has announced the decision today saying the bonus will be provided to 11.52 lakh non-gazetted railway employees excluding RPF/RPSF personnel. India Railways introduced the concept of PLB in 1979-80. Then, the bonus was paid equivalent to 72 days’ of wages by the national transporter. The bonus is given to encourage and boost the productivity of employees.
According to the government, the move would cost the exchequer Rs 2,000 crore for the financial year 2019-2020. As stated above the employees, who receive the productivity-linked bonus, do not include Railway Protection Special Force and Railway Protection Force. Read More
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