75 days wages as bonus for Rly employees

Hyderabad, Sept 17 :

  It’s  good news  for the non-gazetted Railway employees.  The  proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 75 days’ wages to all eligible non-gazetted Railway employees was approved by the  Union Cabinet on Thursday. The PLB  will cost t the exchequer  a whooping  amount of  Rs 889 crore   while it will  benefit 13.05 lakh Railway employees  al  over the country.

Came into force  in the year 1979-80  the PLB was  evolved in consultation with the two recognised federations viz. 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. The  Board of Railways was the  first departmental undertaking of the Government of India wherein the concept of PLB was introduced.