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Cabinet okays payment of productivity-linked bonus to railway employees

The Union Cabinet chaired by PM Narendra Modi has given its ex-post facto approval for payment of productivity-linked bonus (PLB) to railway employees

PSU Watch Bureau

New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for payment of productivity-linked bonus (PLB) to railway employees for the financial year 2021-22. Payment of PLB to eligible railway employees is made each year before the Dusshera/Puja holidays. This year as well, PLB amount equivalent to 78 days wages has been paid to about 11.27 lakh non-gazetted Railway employees. The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days. The above amount has been paid to various categories, viz track maintainers, drivers & guards, station masters, supervisors, technician, technician helper, controller, pointsmen, ministerial staff and other Group 'C' staff.

The financial implication of payment of 78 days PLB to railway employees has been estimated to be Rs 1832.09 crore. The above decision for payment of PLB has been taken despite adverse financial situation caused by post Covid-19 challenges.

The actual number of PLB days paid is more than the days worked out on the basis of defined formulae. The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways.

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