NE NEWS SERVICE
NEW DELHI, OCT 2
About 11.27 lakh non-gazetted Railway employees will get Linked Bonus (PLB) equivalent to 78 days wages, says a Railway releases.
Thanks to PM @narendramodi Ji on behalf of entire rail parivar for sanctioning the productivity-linked bonus for 78 days. pic.twitter.com/PI3bexCXQC
— Ashwini Vaishnaw (मोदी का परिवार) (@AshwiniVaishnaw) October 1, 2022
Prime Minister NarendraModi has given approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees, excluding RPF/RPSF personnel, for the financial year 2021-22. About 11.27 lakh non-gazetted Railway employees are likely to benefit from the decision. This payment will be made before Dussehra/Puja holidays, bringing smile to lakhs of families ahead of the festive season.
- Payment before Dussehra/Puja Festival season
- 11.27 lakh non-gazetted Railway employees likely to benefit
- The financial implication of payment of PLB to railway employees has been estimated to be Rs 1,832.09 crores
- The maximum amount payable per eligible railway employee is Rs 17,951
The Railway employees have played important role in performance of passenger & goods services which also acted as catalyst for the economy. In fact, Railway employees ensured uninterrupted movement of essential commodities like food, fertilizer, coal and other items even during the lockdown period. Railways has ensured there is no shortage of such commodities in the area of operations.
Railways in past 3 years have undertaken series of steps to regain market share in freight and increase realization in passenger fares through suitable policy initiatives. As a result, in the current year (2022-23), Railways have regained the momentum in receipts, disrupted previously due to the pandemic. In F.Y. 2021-22 Railways achieved incremental freight loading of 184 million tonnes which is highest ever (Total 1418 million tonnes). The payment of PLB would serve as an incentive and result in motivating a large number of Railway employees, particularly those involved in execution and operations of railways, to improve their productivity and ensure safety, speed and service for Railway customers. The payment of PLB will also boost the demand in economy in upcoming festival season.
The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs 1,832.09 crores. The wage calculation ceiling prescribed for payment of PLB is Rs 7,000 pm. The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.
