Productivity Linked Bonus of 78 days gets approval for railway employees
The payment of PLB acts as an incentive to motivate the railway employees to work towards improvement in the performance of the Railways.
![Productivity Linked Bonus of 78 days gets approval for railway employees](https://www.psuconnect.in/sdsdsd/Productivity_Linked_Bonus_of_78_days_gets_approval_for_railway_employees.jpg)
Productivity Linked Bonus of 78 days gets approval for railway employees
New Delhi: In recognition of the excellent performance of the Railway staff, the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved payment of PLB of 78 days for Rs. 2028.57 crore to 11,72,240 railway employees.
The amount will be paid to various categories, of Railway staff like Track maintainers, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Pointsman, Ministerial staff, and other Group C staff.
The payment of PLB acts as an incentive to motivate the railway employees to work towards improvement in the performance of the Railways.
Payment of PLB to eligible railway employees is made each year before the Durga Puja/ Dusshera holidays. This year also, PLB amount equivalent to 78 days' wages is being paid to about 11.72 lakh non-gazetted Railway employees.
Read Also : PFC Secures largest-ever foreign currency term loan of USD 1.265 billionThe maximum amount payable per eligible railway employee is Rs.17,951/- for 78 days. The above amount will be paid to various categories, of Railway staff like Track maintainers, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Pointsman, Ministerial staff, and other Group 'C staff.
The performance of Railways in the year 2023-2024 was very good. Railways loaded a record cargo of 1588 Million Tonnes and carried nearly 6.7 Billion Passengers.
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.
Read Also : HDFC Bank Q2 Business update, deposits up over 15% YoYNews Must Read
- Garden Reach Shipbuilders receives LoA from Government of West Bengal
- Bank of Baroda Q2 business update: Domestic deposits up by 7%, global business expands 10.23%
- NTPC Unchahar Head of Project Conquers Everest Base Camp
- PM Narendra Modi inaugurates GAIL’s CBG Plant in Ranchi
- SBI to add 600 branches in its network during FY25: Chairman C S Setty
- Power Grid signs SHA with RVPN to form JV in Rajasthan
- NHPC CMD highlights critical importance of dams in India's water management
- NTPC Mining delivers stellar performance in Half Yearly of FY2024-25
- HAL Delivers First AL-31FP Aero Engine to IAF Under New Contract
- HAL’s Advanced Light Helicopter all set for ONGC Offshore Missions