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Railway Employees to Get Productivity Linked Bonus This Diwali

IANS

Last Updated: October 12, 2022, 18:10 IST

New Delhi, India

Anurag Singh Thakur (Photo: News18)

Anurag Singh Thakur (Photo: News18)

The productivity-linked bonus amount has been paid to about 11.27 lakh non-gazetted railway employees

In what can be termed as a Diwali bonanza for lakhs of railway employees, the Union Cabinet on Wednesday approved payment of a productivity-linked bonus equivalent to 78 days to them for the financial year 2021-22.

The productivity-linked bonus amount has been paid to about 11.27 lakh non-gazetted railway employees. The financial implication of payment of 78 days’ productivity-linked bonus to railway employees is likely to be Rs 1,832.09 crores.

The wage calculation ceiling prescribed for payment of the bonus is Rs 7,000 per month. The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.

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    (This story has not been edited by News18 staff and is published from a syndicated news agency feed - IANS)
    first published:October 12, 2022, 18:10 IST
    last updated:October 12, 2022, 18:10 IST