Union Cabinet Approves Productivity-Linked Bonus For Railway Employees

The decision will benefit around Rs 12 lakh railway employees. (Representative image)

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Railway Employee Bonus 2024: Union Cabinet Approves Productivity-Linked Bonus For Railway Employees

Railway Employee Bonus 2024: In a special meeting today, the Cabinet approved a productivity-linked bonus for railway employees and a revised productivity-linked reward scheme for major port authorities.

The Union Cabinet has approved a Productivity-linked Bonus equivalent to 78 days’ wages for railway employees, amounting to Rs 2,029 crore.

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The decision will benefit around Rs 12 lakh employees.

Railway employee bonus 2024

PLR for Ports

The Cabinet has also approved a revised Productivity-linked Reward (PLR) Scheme, aimed at benefiting around 20,704 employees of major port authorities and dock labour boards for the period from 2020-21 to 2025-26. With a total financial outlay of Rs 200 crore, the scheme seeks to boost productivity and recognise the efforts of port and dock workers.

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