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Dussehra bonanza for Indian Railways employees! Up to Rs 18,000 bonus approved by Modi government - The Financial Express Bonus for indian railway employee 2019

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The Union Cabinet on September 20 approved the payment of Productivity-Linked Bonus (PLB) equivalent to 78 days of wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel.
2019-06-03T13:25:54Z. As the Indian team gears up for their opening match of the 2019 ICC Cricket World Cup on June 5, against South Africa at the Rose Bowl in Southampton, wishes continue to pour.
We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employee this year and expecting the government to declare the same next week," National Federation of Indian Railwaymen General Secretary M Raghavaiah told PTI. Productivity-linked bonus is paid to about 12 lakh railway employees each year before the Dussehra festival.

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Over 12.60 lakh (1.26 million) non-gazetted Railway employees will benefit from a decision by the Union Cabinet on Friday to give the highest ever productivity linked bonus equivalent to 78 days.
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Up to Rs 18,000 bonus approved by Modi government - The Financial Express Prime Minister Narendra Modi-led Cabinet bonus for indian railway employee 2019 approved a 78-day bonus for Indian Railways employees.
This was proposed by check this out Railway Board as productivity-linked bonus PLB for its employees for the year 2017-18 after detailed discussions with railway unions.
please click for source Modi-led Cabinet has approved a 78-day bonus for Indian Railways employees.
Dussehra bonanza for employees!
Prime Minister -led Cabinet has approved a 78-day bonus for Indian Railways non-gazetted employees.
This was proposed by the Railway Board as productivity-linked bonus PLB for its employees for the year 2017-18 after detailed discussions with railway unions.
The proposal, which was awaiting Bonus for indian railway employee 2019 nod, today got the approval from the Modi government.
The bonus for railway employees also assumes significance as five states are entering the electioneering phase while the general elections also round the corner.
Each year, the PLB is paid to around 12.
However, it does include the Railway Protection Special Force RPSF and Railway Protection Force RPF personnel.
National Federation of Indian Railwaymen General Secretary M.
Raghavaiah was recently quoted saying that, as the national transporter has earned Rs 16,000 crore more than the earnings of the previous year and transported a record 1,161 million tonnes of freight this time, they were planning to demand an 80-day bonus but agreed on 78 days.
The bonus amount works out to be around Rs 18,000 per employee of Indian Railways.
According to a Railway Ministry, the financial implication of 78-day bonus to eligible non-gazetted employees of Indian Railways for the year 2017-18 is estimated at over an amount of Rs 2044.
The ministry further stated that the wage calculation ceiling prescribed for payment of bonus is Rs 7,000 per month and the maximum amount payable per eligible employee of the national transporter for 78 days is Rs 17,951.
It is expected that like every year, this year too PLB would serve as an incentive as well as result in motivating a large number of employees of Indian Railways, which is one of the largest employers of the world.
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The bonus amount works out to be around Rs 18,000 per employee of Indian Railways. Interestingly, it is the seventh year in a row that 78-days’ wages are being provided as PLB to railway staff.
Good News For Railwaymen: Centre May Announce 78-Day Wages As Bonus. bonus (PLB) for railway employee this year and expecting the government to declare the same next week," National Federation.
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Total 4 comments.