New Delhi: The Modi government has announced a huge bonus for more than 30 lakh employees during the Dasara season at a cost of Rs 3,737 crore.
“About 11.58 lakh non-gazetted railway employees have been paid a bonus equivalent to 78 days’ pay in the 2019-20 financial year. This productivity-linked bonus is estimated at Rs 2,081.68 crore for railway employees,” the official release said.
At its meeting on October 21, the Ministry of Railways proposed to pay a Productivity Connected Bonus (PLP) equivalent to 78 days pay for the financial year 2019-2020 to all eligible non-Gazette Railway employees (except RPF / RPSF employees). The financial impact of 78 days PLP payment for railway employees is Rs. 2081.68 crore.
“The recommended pay calculation ceiling for PLP payable railway employees without qualified gazette is Rs. 7000 hours. The maximum amount payable to a qualified railway employee is Rs.
Railway Productivity Combined Bonus covers all non-Gazetted Railway employees (except RPF / RPSF employees) spread across the country. PLP for qualified railway employees The decision of the Cabinet will be implemented before this year’s holiday. PLP will be provided equivalent to 78 days pay for 2019-20, which is expected to motivate employees to work on improving the performance of the railways.
PLP for qualified railway employees The decision of the Cabinet will be implemented before this year’s holiday.
It is noteworthy that a lot of hard work has been put in by the railway staff for the operation of Shramik Specials, the movement of essential commodities, despite the fact that last year’s performance, i.e. 2019-20, even during the COVID period this year, these fees were paid. Food grains, fertilizers, coal, etc. and the completion of more than 200 major maintenance projects during the lockout period will increase safety and all-round efficiency in railway operations.
Even on the inventory side the COVID locking period is behind the big improvement. Freight speed has now almost doubled compared to last year. Freight loading increased by 14% during October 2020 compared to the same period last year.
PLP payments for 2019-20 are expected to motivate employees to work towards further improving the performance of the railways. The approval of their work will enhance the sense of belonging and belonging to all the railway families. This is expected to further increase productivity levels.
It is hoped that this will help increase consumer spending and demand during the festive season.