Productivity linked bonus for railway employees
The union cabinet in its meeting held on Wednesday has approved Payment of Productivity Linked Bonus (PLB) to all eligible non-gazetted railway employees (excluding RPF/RPSF personnel).
It will be equivalent to 78 days wages for the Financial Year 2020-21. About 11.56 lakh non-gazetted Railway employees excluding RPF personnel will be the beneficiaries.
The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days. The above amount will be paid to various categories such as track maintainers, drivers and guards, station masters, supervisors, technician, technician helper, controller, pointsmen, ministerial staff and other Group C staff.
The 78 days PLB to railway employees has been estimated to be Rs 1984.73 crore. The above decision for payment of PLB has been taken despite adverse financial situation caused by Covid-19 challenges.
The actual number of PLB days being 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 Indian Railways.
