• Skip to main content
  • Skip to primary sidebar
  • Home
  • AICPIN
    • AICPIN for June 2022
  • Jan 2023 DA Calculator
    • Expected DA from January 2023 Calculation
  • Pay Matrix
    • 7th CPC Pay Matrix Table
  • Holidays 2022
  • Salary Calculator 2022
  • Contact Us
Gservants News

Gservants News

Latest Central Govt employees news today and 7th CPC pay matrix

Revised 7th CPC Pay Matrix
7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18
Right time to demand the constitution of 8th Central Pay Commission
Expected DA Calculator from January 2023
New Salary Calculator for CG Staff
Fitment Factor 3.68 and Minimum Pay Rs.26000
Fitment Factor and Pay Matrix Table

Bonus (PLB) 78 days wages to Railway employees

October 23, 2020 G. Buvaneswari

Productivity Linked Bonus (PLB) 78 days wages to Railway employees for the financial year 2019-2020

About 11.58 lakh non-gazetted Railway employees are likely to benefit from the decision

Payment of 78 days’ PLB to railway employees has been estimated to be Rs. 2081.68 crores

About 11.58 lakh non-gazetted Railway employees have been granted bonus equivalent to 78 days wages for FY 2019-20 .This Productivity linked bonus to railway employees has been estimated to be of Rs. 2081.68 crores.

The Union Cabinet in its meeting held on 21.10.2020 accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2019-2020 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel). The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 2081.68 crores. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs.7000/- p.m. The maximum amount payable per eligible railway employee is Rs.17,951 for 78 days. About 11.58 lakh non-gazetted Railway employees are likely to benefit from the decision.

The Productivity Linked Bonus on Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) who are spread over the entire country. Payment of PLB to eligible railway employees is made each year before the Dusshera/ Puja holidays. The decision of the Cabinet shall be implemented before the holidays for this year as well. For the year 2019-20 PLB equivalent to 78 days’ wages will be paid which is expected to motivate the employees for working towards improving the performance of the Railways.

Payment of PLB to eligible railway employees is made each year before the Dusshera/ Puja holidays. The decision of the Cabinet shall be implemented before the holidays for this year as well.

It may be noted that though this payment is being made for last year’s performance i.e. 2019-20 , even this year during COVID period, a lot of hard work has been put in by Railways employees in movement of shramik specials , for movement of essential commodities including Foodgrains, Fertilizers, Coal etc and completion of more than 200 vital maintenance projects during lock down period which would boost safety and all round efficiency in railway operations.

Even on the freight side there has been major improvement post COVID lock down period. Freight speeds have almost doubled now as compared to last year. Freight loading has also increased by 14% for period of October 2020 as compared to similar period last year.

The payment of the PLB for 2019-20 is expected to motivate the employees for working towards improving the performance of the Railways further. The acknowledgement of their work will enhance the sense of inclusiveness and belongingness in Railway families. It is expected to enhance the productivity levels further.

It is also expected to help in consumer spending and boosting demand during the festive times. ( Source: PIB)

Related posts:

  1. Removal of calculation ceilings for Payment of Productivity Linked Bonus (PLB) – NFIR writes to RM
  2. 60 Days Productivity Linked Bonus for the Accounting year 2020-21 For DoP
  3. PLB-Railways is likely to announce 78-day wages as bonus for its employees for the year 2011-12
  4. MoD issued Bonus order for defence civilians of OFB, DGQA

TYPE HERE THE RELATED WORD AND SEARCH ORDERS

Reader Interactions

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

Latest 7th CPC Calculators

New Salary Calculator 2023
Promotion Pay Fixation Calculator
7th CPC Gratuity calculator
In hand Salary calculator 2023
DA Calculator from July 2023
7th CPC Pension Calculator
7th CPC Commutation calculator
CGEGIS Benefits Calculator
Night Duty Allowance Calculator

7TH CPC PAY MATRIX

7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18

Central Govt Holidays 2023

Central Govt Holidays 2023
Compulsory Holidays and Restricted Holidays 2023

Latest DA and DR News

Expected DA Calculator from January 2023
18 Months DA Arrears Latest News 2023
DA Arrears Loss Calculator for 18 Months
DR Loss calculator for Freezing Period

LTC Eligibility and Block Year

LTC Rules for New Recruits
Current LTC Block is 2022-2025
LTC Block Year 2018-2021
LTC Carry Forward 2018-2021
LTC FAQ for New recruits
LTC by Air Travel guidelines
LTC by Air to NER, JK and AN
LTC 80 Air Fare Latest
Booking LTC Air Tickets

© 2010–2023 . gservants.com by Gservants News-Central Government Employees News