Productivity Linked Bonus of 78 days for non-gazetted Railway Employees for FY 2021-22: PIB News

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Productivity Linked Bonus of 78 days for non-gazetted Railway Employees for FY 2021-22: PIB News

Cabinet approves Productivity Linked Bonus of 78 days for non-gazetted Railway Employees for FY 2021-22

 

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Productivity Linked Bonus for Railway Employees
equivalent to 78 days wages to eligible Non-gazetted Railway employees;
Payment before Dussehra/Puja Festival season;
11.27 lakh non-gazetted Railway employees likely to benefit;
Incentive to Improve Productivity and Efficiency of Railways.

Posted On: 01 OCT 2022 11:15PM by PIB Delhi

Hon’ble Prime Minister Shri 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.

View: Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2021-22: Railway Board RBE No. 120/2022

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 ineconomy in upcoming festival season.

The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs1832.09 crores. The wage calculation ceiling prescribed for payment of PLB is Rs 7,000/- p.m. The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.

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View: Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2021-22: Railway Board RBE No. 120/2022

This post has been updated on 02nd Oct 2022

COMMENTS

WORDPRESS: 4
  • Pranab 2 months ago

    Ha Ha Ha!!! For Rly PLB,
    72 HRS = 1 day
    Others do not know that.

  • PLB 2021-22 have declared and to be ordered circular

  • HEMANTH 2 months ago

    Why announcing like 78days bonus… Some of my relatives asking u get 1lakh approx bonus…. They dont know our basic salary is 7000. Govt treated as we are in 6th pay commission. Not in 7th pay commission.