Union Ministers Piyush Goyal and Anurag Singh Thakur hold a press conference on Cabinet Decisions in New Delhi on October 06, 2021. (PIB)
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi on October 6, 2021, approved the Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
Briefing Media, Union Ministers Piyush Goyal and Anurag Singh Thakur informed that the financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs.1984.73 crore.
“The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs.7000/- p.m. The maximum amount payable per eligible railway employee is Rs. 17,951 for 78 days.”
About 11.56 lakh non-gazetted Railway employees are likely to benefit from the decision. Payment of PLB to eligible railway employees is made each year before the Dusshera/ Puja holidays. The decision of the Cabinet shall be implemented before the holidays for this year as well.
The PLB amount of 78 days’ wages was paid for the financial years from 2010-11 to 2019-20. (Press Release)