Wednesday, October 21, 2020

Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for Central Government employees 2019-2020 - PIB News

 

PLB 2020

Bonus Central Government Employees
Productivity Linked Bonus

Cabinet
Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020

Posted On: 21 OCT 2020 3:24PM by PIB Delhi

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, ESIC, etc. will be benefitted and the financial implication would be Rs.2,791 crore.

Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.

A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.

Payment of Bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/ Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.

Also check: FAQ on LTC Cash Voucher Scheme – LTC Fare for Central Government Employees during the Block 2018-21

PIB

 

0 comments:

Post a Comment

Now Trending

Expected DA January 2021 - AICPIN for November 2020 increased by 0.4 points

  Expected DA January 2021 - AICPIN for November 2020 increased by 0.4 points Expected DA January 2021 Consumer Price Index for Industri...

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