Posted On: 12 OCT 2022 4:23PM by PIB Delhi
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has given its ex-post facto approval for payment of Productivity Linked Bonus to railway employees for the financial year 2021-22.
Payment of PLB to eligible railway employees is made each year before the Dusshera/Puja holidays. This year also, PLB amount equivalent to 78 days wages has been paid to about 11.27 lakh non-gazetted Railway employees. The maximum amount payable per eligible railway employee is Rs. 17,951/- for 78 days. The above amount has been paid to various categories viz. Track maintainers, Drivers & Guards, Station masters, Supervisors, Technician, Technician Helper, controller, Pointsmen, Ministerial staff & other Group ‘C’ staff.
The financial implication of payment of 78 days PLB to railway employees has been estimated to be Rs. 1832.09 crore. The above decision for payment of PLB has been taken despite adverse financial situation caused by post Covid-19 challenges.
The actual number of PLB days paid is more than the days worked out on the basis of defined formulae. The payment of PLB acts as an incentive to motivate the railway employees for working towards improvement in the performance of the Railways.
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About 11.27 lakh non-gazetted railway employees are likely to benefit from the decision.
The wage calculation ceiling prescribed for payment of PLB is ₹ 7,000 per month. The maximum amount payable per eligible railway employee is ₹ 17,951 for 78 days.
The Railway Ministry had earlier said railway employees played an important role in the performance of Passenger and Goods services which also acted as catalysts for the economy.
In fact, Railway employees ensured uninterrupted movement of essential commodities like food, fertilizer, coal and other items even during the lockdown period.
The Railways has ensured there is no shortage of such commodities in the area of operations.
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