Railway Employees Bonus 2023: Modi Govt Gifts 78 Days’ Wages as Productivity Linked Bonus
Railway Employees Diwali Bonus 2023: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the Financial Year 2022-23. This bonus will be available to all eligible non-gazetted Railway employees namely Track maintainers, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Pointsman, Ministerial Staff and other Group ‘C’ staff (excluding RPF/RPSF personnel).
“In recognition of this excellent performance by the Railway staff, Union Government has approved payment of PLB of Rs 1968.87 crore to 11,07,346 railway employees. The performance of Railways in the year 2022-2023 was very good. Railways loaded a record cargo of 1509 Million Tonnes and carried nearly 6.5 Billion Passengers,” said a statement from the Union Cabinet.
“Many factors contributed to this record performance. These include improvement in infrastructure due to infusion of record Capex by the Government in Railways, efficiency in operations and better technology etc,” it added.
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The Cabinet further said that payment of PLB will act as an incentive to motivate the Railway employees to work towards further improvement in performance.
According to the Ministry of Railways, PLB equivalent to 78 days of wages without any ceiling on wages for eligibility for FY 2022-23 has been approved for all eligible non-gazetted Railway employees (excluding RPF/RPSF) personnel.
In cases where wages exceed Rs 7000 per month, PLB will be calculated as if the wages are Rs 7000 per month.
Eligible employees, who were not placed
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