All eligible Non-Gazetted Railway employees will get 78 Days wages as Bonus for this year….
The Union Cabinet chaired by the Prime
Minister, Shri Narendra Modi, today gave its ex-post facto approval for
the payment of Productivity Linked Bonus (PLB) equivalent to 78 days’
wages for the financial year 2013-14 to all eligible non-gazetted
Railway employees.
The financial implication of payment of
78 days’ PLB to railway employees has been estimated to be Rs. 1063.38
crores. The wage calculation ceiling prescribed for payment of PLB to
eligible non-gazetted Railway employees is Rs. 3500/- p.m. About 12.60
lakh non-gazetted Railway employees are likely to benefit from the
decision. The PLB on Railway covers all non-gazetted Railway employees
(excluding RPF/RPSF personnel) throughout the country. This year also,
PLB equivalent to 78 days’ wages has been paid as a special case to
motivate employees.
Background
The Railways were the first departmental
undertaking of the Government of India where the concept of PLB was
introduced. The main consideration at that time was the important role
of the Railways as an infrastructural support in the performance of the
economy as a whole. In the overall context of Railway working, it was
considered desirable to introduce the concept of PLB as against the
concept of Bonus on the lines of the Payment of Bonus Act -1965. Even
though the Payment of Bonus Act does not apply to the Railways, yet the
broad principles contained in that Act were kept in view for the purpose
of determining the “Wage/Pay Ceiling”, definition of ‘Salary’/’Wage’,
etc. The PLB Scheme for the Railways came into force from the year
1979-80 onwards and was evolved in consultation with the two recognised
federations, the All India Railwaymen’s Federation and National
Federation of Indian Railwaymen and with the approval of the Cabinet.
The scheme envisages a review every three years.
Source: PIB
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