Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020
Press Information Bureau
Government of India
Posted On: 21 OCT 2020 3:24PM by PIB Delhi
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.
A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.
Payment of Bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.
View: Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020: मंत्रिमंडल ने 2019-2020 के लिए उत्पादकता से जुड़े बोनस और गैर उत्पादकता से जुड़े बोनस या एडहॉक बोनस को मंजूरी दी
Productivity Linked Bonus FY 2019-20 For Railway Employees : Likely to be announce soon
All India Railwaymen’s Federatio
Dated: October 21, 2020
All Affiliated Unions,
General Secretary AIRF has informed that, after talking to Hon’ble MR and CRB, hopefully, Productivity Linked Bonus to Railwaymen(for the year 2019-20) will be announced in a few hours after the meeting of the Union Cabinet. Details will be communicated to all of you as soon as we receive the same.
Meeting of the Standing Committee of AIRF(slated to be held today) is still stands and will be held as per the schedule.
LATEST INFORMATION ON PRODUCTIVITY LINKED BONUS – LIKELY TO BE ANNOUNCED SOON https://t.co/u0b7LbfUM8
— AIRF (@airfindia) October 21, 2020
Shiva Gopal Mishra