New Delhi, Oct 3, 2024: Railway employees will receive a bonus equivalent to their 78 days’ salaries ahead of festive season, a move that will benefit more than 11,72,240 non-gazetted staff of the national transporter, the government announced on Thursday.
“The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Productivity Linked Bonus (PLB), equivalent to 78 days’ wages, for the financial year 2023-24 for all eligible non-gazetted railway employees,” Union Minister Ashwini Vaishnaw said here.
The maximum amount payable per eligible railway employee is Rs.17,951/- for 78 days. The above amount will be paid to various categories, of Railway staff like track maintainers, loco pilots, train managers (guards), station masters, supervisors, technicians, technician helpers, pointsmen, ministerial staff and other Group ‘C’ staff, excluding the RPF and RPSF personnel.
The payment of the bonus is expected to cost the exchequer Rs 2,029-Crore
“In recognition of an excellent performance by the railway staff, the Union government has approved the payment of a PLB ofRs 2,029-Crore crore to 11,72,240 railway employees. The performance of the railways in the year 2023-2024 was very good. The railways loaded a record cargo of 1588 million tonnes and carried nearly 6.7 Billion (670 crore) passengers,” an official statement said.
It added that among the factors that contributed to the record performance are an improvement in the infrastructure due to the infusion of capital expenditure by the government in the railways, efficiency in operations and better technology.
