Cabinet approves Payment of PLB to railway employees for the FY 2018-19

The Union Cabinet chaired by the Prime Minister Shri 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, for maintaining industrial peace and motivation of railwaymen. This entails an expenditure of Rs. 2024.40 crores to the exchequer.

This is the sixth consecutive year that the Government led by Mr Narendra Modi has maintained a bonus of 78 days wages. It has never lowered it.

Benefits:

Payment of PLB equivalent to 78 days wages to eligible railway employees (excluding RPF/RPSF personnel) for the FY 2018-19 would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further, besides maintaining industrial peace.

PLB to all non-gazetted railway employees is an acknowledgement of their contribution to the efficient running of the Railways.

There being large number of railwaymen and their families, this acknowledgement will enhance the sense of inclusiveness and equity among them.

Source:https://pib.gov.in/PressReleseDetail.aspx?PRID=1585431

Related Posts

Post a Comment

Follow by Email

DISCLAIMER

The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. All efforts had been made to ensure accuracy of the content on this (www.centralgovernmentemployees.com) blog. The same should not be construed as a statement of law or used for any legal purposes. centralgovernmentemployees.com accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.
Subscribe Our Newsletter