Thursday, September 29, 2016

Railway Bonus : Centre May Announce 78 Day Wages As Bonus

Good News For Railwaymen: Centre May Announce 78 Day Wages As Bonus
Ahead of the festive season, railway employees are likely to get 78 day wages as bonus this year, the same as in the last four years despite the financial crunch.

We have demanded 78 day wages as productivity linked bonus (PLB) for railway employee this year and expecting the government to declare the same next week,"National Federation of Indian Railwaymen General Secretary M Raghavaiah told Press Trust of India.

Productivity linked bonus is paid to about 12 lakh railway employees each year before the Dussehra festival.
Mr Raghavaiah said the 78 day wage is expected to be around Rs. 18,000 per employee. In 2011-12, 2012-13, 2013-14 and 2014-15 also, 78 day wages were also given as PLB to railway employees.
Facing a shortfall of about Rs. 10,000 crore in the earnings due to slowdown in loadings and drop of passengers in short train journey, the railways will get the cabinet approval for the 78 day bonus proposal next week.

The bonus decision is expected to cost the railways about Rs. 2000 crore.

All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra said the bonus is expected to motivate the employees to improve the financial position of the public transporter.

Mr Mishra said, "Since the PLB ceiling has been revised to Rs. 7000 from Rs. 3500, we expect each employee will get double the amount as against the last year’s bonus."

Last year, the minimum bonus paid was Rs. 8,975 per employee.

PLB covers all non gazetted railway employees (excluding RPF/RPSF personnel) spread over the entire country.

Source : NDTV


Post a Comment

Now Trending

Holidays to be observed in Central Government Offices during the year 2020

Holidays to be observed in Central Government Offices during the year 2020 CENTRAL GOVERNMENT HOLIDAY LISTS 2020 F.No.12/1/20...


All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us