Rediff.com  » Business » Bonus for rail employees, Rs 800 cr burden on ailing Railways

Bonus for rail employees, Rs 800 cr burden on ailing Railways

Source: PTI
October 07, 2015 14:21 IST
Get Rediff News in your Inbox:

Productivity-linked bonus is paid to railway employees each year before the Dussehra festival.

Ahead of the festive season, government on Wednesday cleared a proposal to give productivity linked bonus to about 12 lakh railway employees.

The proposal was cleared at the Union Cabinet meeting chaired by Prime Minister Narendra Modi, sources said.

Railways had proposed to give 78 days wages as productivity-linked bonus, the same as the last three years, despite the financial crunch.

This could mean that the employees will get Rs 8897 as bonus for this month.

The burden on railways is estimated to cost more than Rs 800 crores.

In 2011-12, 2012-13 and 2013-14 also,78-day wages were given as PLB to railway employees.

Productivity-linked bonus is paid to railway employees each year.

This would cost more than Rs 800 crore or Rs 8 billion to the public transporter.

In 2011-12, 2012-13 and 2013-14 also, 78-day wages were given as PLB to railway employees.

Productivity-linked bonus is paid to railway employees each year before the Dussehra festival.

 

Get Rediff News in your Inbox:
Source: PTI© Copyright 2022 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!