Cabinet approves Productivity Linked Bonus of ₹1968.87 Crores for railway employees
New Delhi (PIB): The Union Cabinet chaired by Prime Minister Narendra Modi has approved Productivity Linked Bonus (#PLB) equivalent to 78 days’ wages for the financial year 2022-23 to all eligible non-gazetted Railway employees namely- Track maintainer, Loco Pilots, Guards, Station Masters, Supervisors, Technicians, Technician Helpers, Pointsman, Ministerial Staff and other Group ‘C’ staff (excluding RPF/RPSF personnel).
In recognition of this excellent performance by the #Railway staff, Union Government has approved payment of #PLB of ₹1968.87 crore to 11,07,346 railway employees.
The performance of Railways in the year 2022-23 was very good. Railways loaded a record cargo of 1509 Million Tonnes and carried nearly 6.5 Billion Passengers.
Many factors contributed to this record performance. These include improvement in #infrastructure due to infusion of record Capex by the #government in Railways, efficiency in operations and better technology etc.
Payment of #PLB will act as an incentive to motivate the Railway employees for working towards further improvement in performance.