Government approves 78-day wages as bonus
to railway employees ahead of festive season : Railway Board's Gift On Dusshehra, Employees Despite the financial crunch faced by the Indian Railways, its employees are likely to get 78-day wages as bonus this year, just before the Dussehra festival. Before the festival every year, the 12-lakh workforce of the railways is paid the productivity-linked bonus. The decision of paying the bonus could cost the railways about Rs 2,000 crore. "We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employees this year and are expecting the government to declare the same next week," M Raghavaiah, general secretary of the National Federation of Indian Railwaymen, was quoted as saying by Press Trust of India. The productivity-linked bonus covers all-non gazette railway employees across the country. In other news, the railways recently decided to increase fares for some trains. Ever since then, the railways have been facing criticism from a section of passengers and analysts over its decision to impose higher fares. Prior to that, the railways had announced surge pricing on three premium trains รข€” Rajdhani, Shatabdi and Duronto. The authorities justified the surge pricing by saying that despite the 1.5 times increase in pricing, there has been no fall in the number of bookings made. Raghavaiah said the 78-day wage is expected to be around Rs 18,000 per employee. Welcoming the decision, All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra said the bonus will motivate the employees to improve the financial position of the public transporter. Mishra said, “Since the PLB ceiling has been revised to Rs 7000 from Rs 3500, we expect each employee will get double the amount as against the last year’s bonus. Government approves 78-day wages as bonus to railway employees ahead of festive season: Railway Board's Gift On Dusshehra, Employees. Stay Connected For Daily Updates About Education And Study Materials For All Compititive Exam. Click Here To View
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to railway employees ahead of festive season : Railway Board's Gift On Dusshehra, Employees Despite the financial crunch faced by the Indian Railways, its employees are likely to get 78-day wages as bonus this year, just before the Dussehra festival. Before the festival every year, the 12-lakh workforce of the railways is paid the productivity-linked bonus. The decision of paying the bonus could cost the railways about Rs 2,000 crore. "We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employees this year and are expecting the government to declare the same next week," M Raghavaiah, general secretary of the National Federation of Indian Railwaymen, was quoted as saying by Press Trust of India. The productivity-linked bonus covers all-non gazette railway employees across the country. In other news, the railways recently decided to increase fares for some trains. Ever since then, the railways have been facing criticism from a section of passengers and analysts over its decision to impose higher fares. Prior to that, the railways had announced surge pricing on three premium trains รข€” Rajdhani, Shatabdi and Duronto. The authorities justified the surge pricing by saying that despite the 1.5 times increase in pricing, there has been no fall in the number of bookings made. Raghavaiah said the 78-day wage is expected to be around Rs 18,000 per employee. Welcoming the decision, All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra said the bonus will motivate the employees to improve the financial position of the public transporter. Mishra said, “Since the PLB ceiling has been revised to Rs 7000 from Rs 3500, we expect each employee will get double the amount as against the last year’s bonus. Government approves 78-day wages as bonus to railway employees ahead of festive season: Railway Board's Gift On Dusshehra, Employees. Stay Connected For Daily Updates About Education And Study Materials For All Compititive Exam. Click Here To View
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