The Hindu·2 min read·medium

Cabinet approves bonus worth ₹2009.61 crore to railway employees

T
The Hindu Bureau
Cabinet approves bonus worth ₹2009.61 crore to railway employees
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The Indian Union Cabinet has approved a Productivity Linked Bonus of ₹2009.61 crore for over 1.14 million railway employees. The bonus, equivalent to 78 days of wages, is awarded in recognition of the railway's strong performance in cargo and passenger transport.

Why it matters

This significant financial incentive impacts a massive workforce and reflects the government's strategy to maintain operational efficiency in the state-run transport sector.

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The Union Cabinet, chaired by the Prime Minister Narendra Modi , has approved payment of Productivity Linked Bonus (PLB) of 78 days for ₹2009.61 crore to 11,40,770 railway employees.

Union Railway Minister Ashwini Vaishnaw said that the bonus was approved in recognition of ‘the excellent performance by the Railway staff.’

Mr. Vaishnaw stated that payment of PLB to eligible railway employees is made each year before the Durga Puja and Dussehra holidays.

“This year also, PLB amount equivalent to 78 days’ wages is being paid to about 11.40 lakh non-gazetted Railway employees. The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways,” Mr. Vaishnaw said.

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