Economy

Ahead of festive season, govt clears bonus for railway employees

Ahead of festive season, govt clears bonus for rail employees

Ahead of the festive season, the government on Wednesday cleared a proposal to give productivity-linked bonus (PLB) to about 12 lakh railway employees .

The proposal was cleared at the Union Cabinet meeting chaired by Prime Minister Narendra Modi , sources said.

Railways had proposed to give 78 days wages as productivity-linked bonus, the same as the last three years, despite the financial crunch.

This could mean that the employees will get Rs 8,897 as bonus for this month. The burden on railways is estimated to cost more than Rs 800 crore.

In 2011-12, 2012-13 and 2013-14 also,78-day wages were given as PLB to railway employees. Productivity-linked bonus is paid to railway employees each year.
[“source-businesstoday”]

 

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