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Home National & International

Centre announces bonus for railway employees equaling 78 days of wages

Lagatar News by Lagatar News
October 12, 2022
in National & International
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Lagatar24 Desk

 

New Delhi, Oct 12: The payment of a productivity-linked bonus to railway employees for the fiscal year 2021–2022, which is equal to 78 days of salary, was approved by the government on Wednesday.

The Productivity-Linked Bonus (PLB), equal to 78 days of pay, would be awarded to non-gazetted railway staff for the fiscal year 2021–2022, excluding RPF/RPSF members, according to information shared at the Cabinet meeting on Wednesday.

The judgement is projected to benefit roughly 11.27 lakh non-gazetted railroad personnel, according to the data at hand. It has been calculated that paying railway staff for 78 days of PLB will cost 1,832.09 crore.

Productivity linked bonus of Rs 1,832 crores will be given to 11.27 lakh employees of railways. It will be a bonus of 78 days and Rs 17,951 will be its maximum limit: Union Minister Anurag Thakur pic.twitter.com/lBu3GJj7w1

— ANI (@ANI) October 12, 2022

The prescribed wage calculation ceiling for PLB payout is Rs. 7,000 per month. The most that can be paid to any qualified railroad employee for 78 days is 17,951.

The performance of passenger and freight services, which also serve as economic stimulants, is significantly influenced by railroad workers, according to past statements from the Railway Ministry.

In fact, even throughout the lockdown, railroad workers made sure that important goods like food, fertiliser, coal, and other products continued to transit without interruption.

The Railways have made sure that there is no lack of these goods in the operational area.

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