CABINET APPROVES PRODUCTIVITY LINKED BONUS FOR RAILWAY EMPLOYEES

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...