Cabinet approves Payment of PLB to railway employees (for FY 2018-19)
Union Cabinet chaired by Prime Minister Narendra Modi has approved payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees for Financial Year (FY) 2018-19. The eligible non-gazetted railway employees for payment of PLB exclude Railway Protection Force (RPF) and Railway Protection Special Force (RPSF) personnel.
About Productivity Linked Bonus (PLB)
PLB to all non-gazetted railway employees is an acknowledgement of their contribution to efficient running of Indian Railways. PLB is for maintaining industrial peace and motivation of railway men.
PLB to more than 11.52 Lakh eligible non-gazetted railway employees (excluding RPF/RPSF personnel) would entail an expenditure of Rs.2024.40 crores to exchequer.
This is 6th consecutive year that Union Government led by PM Modi has maintained a bonus of 78 days wages. It has never lowered it.
Payment of PLB results in motivating the recipient railway employees to further improve performance of Indian Railways, enhance productivity levels as well as maintain industrial peace.
There being large number of railway men and their families, this acknowledgement by payment of PLB will enhance sense of inclusiveness and equity among them.
Topics: Cabinet Decision