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CABINET APPROVES PRODUCTIVITY LINKED BONUS FOR RAILWAY EMPLOYEES

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Cabinet approves Productivity Linked Bonus for Railway Employees Press Information Bureau Government of India Cabinet 10-October-2018 13:34 IST Cabinet approves Productivity Linked Bonus for Railway Employees Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2017-18 for all eligible non-gazetted Railway employees About 11.91 lakh non-gazetted Railway employees are likely to benefit from the decision Payment of 78 days’ PLB to railway employees has been estimated to be Rs. 2044.31 crore 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 for the financial year 2017-18 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel). The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs.2044.31 crore. The wage calculation ceiling prescribed for payment of PLB to t...

RAILWAY BONUS 2018 – PLB 78 DAYS TO RAILWAY EMPLOYEES

Railway Bonus 2018 – PLB 78 Days will be declared Soon Railway Bonus 2018 – PLB for 2017-18 equivalent to 78 days wages will be declared Soon to railway employees Railway Board informed in its letter to the Two railway federations NFIR and AIRF that a meeting would be held on 7.8.2018 to finalise about the Productivity Linked Bonus for the Financial Year 2017-18 to be paid in current year 2018. But so far, no Federation has revealed the out come of that meeting. But it is believed that there will be no change in the Bonus amount for this year 2018 also. For 2015-16 the productivity-linked bonus (PLB) equivalent to 78-day wages was paid in 2016 to Railway Employees.