November 05, 2024 09:21 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region | US presidential election: Donald Trump ahead of Kamala Harris in swing states, poll survey predicts | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row
Union Cabinet approves 78-day productivity linked bonus for over 11 lakh railway employees
Photo courtesy: Pixabay

Union Cabinet approves 78-day productivity linked bonus for over 11 lakh railway employees

| @indiablooms | 03 Oct 2024, 11:33 pm

New Delhi: The Union Cabinet has approved the disbursement of a Productivity Linked Bonus (PLB) to 11,72,240 railway employees, with a total financial outlay of Rs 2,028.57 crore.

This decision aims to give recognition to the hard work and dedication of railway staff in enhancing the performance of Indian Railways.

The bonus, equivalent to 78 days’ wages, will be distributed among various categories of railway employees, including track maintainers, loco pilots, train managers, station masters, supervisors, technicians, pointsmen, ministerial staff, and other Group C and D employees.

The maximum bonus amount per employee is Rs 17,951.

In a statement, the government praised the exceptional performance of Indian Railways during the 2023-2024 financial year.

The Railways achieved record milestones, including the loading of 1,588 million tonnes of cargo and transporting 6.7 billion passengers.

These achievements were attributed to infrastructure improvements, higher capital expenditure, operational efficiency, and advanced technology.

Last year, the Railways also announced a similar 78-day bonus for its non-gazetted employees.

According to the Sixth Pay Commission, Group D employees with a basic income of Rs 7,000 per month received around Rs 18,000 for the same 78-day bonus period.

In 2022, the Centre had rolled out a Rs 17,951 Diwali bonus per employee, benefiting over 11 lakh railway workers, at a total cost of Rs 1,832 crore.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.