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Productivity Linked Bonus announced by Cabinet, 11.58 lakh non-gazetted Railway employees likely to benefit

Productivity Linked Bonus equivalent to 78 days’ wages for the financial year 2019-2020 for all eligible non-gazetted Railway employees has been announced by the Cabinet. About 11.58 lakh non-gazetted Railway employees are likely to benefit from the decision.

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About 11.58 lakh non-gazetted Railway employees have been granted bonuses equivalent to 78 days wages for FY 2019-20. This Productivity linked bonus to railway employees has been estimated to be of Rs.2081.68 crores.

Cabinet in its meeting held on 21.10.2020 accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2019-2020 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel). The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 2081.68 crores. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is 7000 rupees per month. The maximum amount payable per eligible railway employee is Rs.17,951 for 78 days. About 11.58 lakh non-gazetted Railway employees are likely to benefit from the decision.

Productivity Linked Bonus on Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) who are spread over the entire country. Payment of PLB to eligible railway employees is made each year before the Dusshera holidays.  The decision of the Cabinet shall be implemented before the holidays for this year as well. For the year 2019-20 PLB equivalent to 78 days’ wages will be paid which is expected to motivate the employees for working towards improving the performance of the Railways.

The decision of the Cabinet shall be implemented before the holidays for this year as well. It may be noted that though this payment is being made for last year’s performance i.e. 2019-20, even this year during the COVID period,  a lot of hard work has been put in by Railways employees in the movement of Shramik specials, for movement of essential commodities including Foodgrains, Fertilizers, Coal and such other and completion of more than 200 vital maintenance projects during lockdown period which would boost safety and all-round efficiency in railway operations.

Even on the freight side, there has been major improvement post COVID lock down. Freight speeds have almost doubled now as compared to last year. Freight loading has also increased by 14% for the period of October 2020 as compared to last year.

The payment of the PLB for 2019-20 is expected to motivate the employees for working towards improving the performance of the Railways further. The acknowledgment of their work will enhance the sense of inclusiveness and belongingness in Railway families. It is expected to enhance productivity levels further.

It is also expected to help in consumer spending and boosting demand during festive times.

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