Wednesday, September 18, 2019

Railway Bonus 2019: 78 Days Productivity Linked Bonus to Railway Employees

Railway Bonus 2019

Cabinet
Cabinet approves Payment of PLB to railway employees for the FY 2018-19

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages to over 11.52 Lakh eligible non-gazetted railway employees (excluding RPF/ RPSF personnel) for the Financial Year (FY) 2018-19, for maintaining industrial peace and motivation of railwaymen. This entails an expenditure of Rs. 2024.40 crores to the exchequer.

This is the sixth consecutive year that the Government led by Mr Narendra Modi has maintained a bonus of 78 days wages. It has never lowered it.

PRODUCTIVITY LINKED BONUS TO RAILWAY EMPLOYEES 2019

  • Productivity Linked Bonus amounting to 78 days wages for over 11.5 lakh non-gazetted Railway employees (excluding RPF/ RPSF personnel) approved
  • Expenditure of over 2 thousand crores for FY 2018-19
  • Acknowledgement of employees contribution to efficient Railway operations
  • Aimed at maintaining high levels of motivation among railway personnel
Benefits :
Payment of PLB equivalent to 78 days wages to eligible railway employees (excluding RPF/ RPSF personnel) for the FY 2018-19 would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further, besides maintaining industrial peace.

PLB to all non-gazetted railway employees is an acknowledgement of their contribution to the efficient running of the Railways.

There being large number of railwaymen and their families, this acknowledgement will enhance the sense of inclusiveness and equity among them.

railway-productivity-linked-bonus-2019


PIB

0 comments:

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...

Disclaimer:

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
centralgovernmentnews@gmail.com