New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages to over 11.52 Lakh eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the Financial Year (FY) 2018-19. This entails an expenditure of Rs. 2024.40 crores to the exchequer.
This is the sixth consecutive year that the Government led by Narendra Modi has maintained a bonus of 78 days wages. It has never lowered it.
The benefits would be that a large number of railway employees will be motivated to improve the performance of the Railways and enhance the productivity levels further, besides maintaining industrial peace.
Payment of PLB equivalent to 78 days wages to eligible railway employees (excluding RPF/RPSF personnel) and non-gazetted railway employees for the FY 2018-19 is an acknowledgement of their contribution to the efficient running of the Railways.
There being a large number of railwaymen and their families, this acknowledgement will enhance the sense of inclusiveness and equity among them.