Indian Railway staff to get Diwali Bonus
Union Cabinet approves Productivity Linked Bonus equivalent to 78 days’ wage to eligible non-gazetted Railway employees (excluding RPF/RPSF personnel) for FY20-21
- Last Updated:October 06, 2021, 15:43 IST
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Good news for Indian Railways employees ahead of the festive season as Union Cabinet has approved Diwali bonus for non-gazetted staff. Union Cabinet on Wednesday cleared a proposal for payment of productivity-linked bonus (PLB) equivalent to 78 days’ wages for the financial year 2020-21 for all eligible non-gazetted railway employees. Over 11 lakh non-gazetted employees of Indian Railways likely to get benefitted from this move, Union minister Anurag Thakur said while announcing the decision.
The ministry of railways had earlier presented a proposal in front of the Union Cabinet to clear the productivity-linked bonus for non-gazetted railway employees. In 2019-20, the Indian Railways had given its nearly 11.58 lakh non-gazetted employees a bonus of 78 days. The total cost of the bonus was estimated at Rs 2,081.68 crore, the Cabinet said. It said that the payment of the productivity-linked bonus for 2019-20 is expected to motivate the employees for working towards improving the performance of the railways further. The acknowledgement of their work will enhance the sense of inclusiveness and belonging in railways families. It is expected to enhance the productivity levels further.
In 2020, Indian Railways had fixed the wage calculation ceiling prescribed for payment of the bonus at Rs 7,000 per month. The maximum amount payable per eligible railway employee was set at ₹17,951 for 78 days.
The Productivity Linked Bonus on Indian Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) who are spread across the country. Usually the Cabinet pays the bonus every year before Dusshera or Puja holidays.
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Source: News18