Team News Riveting
New Delhi, October 22
The non-gazetted Railway employees will get a bonus equivalent to 78 days wages for the financial year 2019-20.
About 11.58 lakh railways employees would be benefitted. The financial implication of payment of 78 days’ productivity linked bonus to railway employees has been estimated to be Rs 2081.68 crore.
The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs 7000 per month. The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.
The Productivity Linked Bonus on Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) working across the country. Payment of PLB to eligible railway employees is made each year before the Dussehra/ Puja 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.
It may be noted that though this payment is being made for last year’s performance, even this year during COVID period, a lot of hard work has been put in by Railways employees in movement of shramik specials, for movement of essential commodities including Foodgrains, Fertilizers, Coal etc and completion of more than 200 vital maintenance projects during lock down 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 period. Freight speeds have almost doubled now as compared to last year. Freight loading has also increased by 14 per cent for the period of October 2020 as compared to a similar period 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 acknowledgement of their work will enhance the sense of inclusiveness and belongingness in Railway families. It is expected to enhance the productivity levels further.
It is also expected to help in consumer spending and boosting demand during the festive times.