02 Apr, 2014 10:21p.m.

Railways constitute committee for Productivity Linked Bonus

Ministry of Railways (Railway Board) have decided to constitute a Committee for evolving a new formula for Productivity Linked Bonus on Indian Raiways. The Committee will consist of the following :-

    1. Additional Member (Staff), Railway Board – Convener
    2. Additional Member (Budget), Railway Board – Member
    3. Additional Member (Civil Engineering), Railway Board – Member
    4. Additional Member (Mechanical Engineering), Railway Board – Member
    5. Additional Member (Commercial), Railway Board – Member

The Terms of reference of the Committee will be as under :
“To evolve a new formula for calculation of number of Productivity Lined Bonus days keeping in view the recommendations of the Sixth Central Pay Commission and the views of the Ministry of Finance.”

The Headquarter of the Committee will be at New Delhi.

The Committee shall submit its report within a period of four months from the date of its Constitution.

The Convener and Members of the Committee will be eligible to draw TA/DA, as per extant rules.

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