Nation

Govt clears bonus equal to 78 days' wages for Railway employees

By Jasleen Kaur -- October 06, 2021 7:03 pm -- Updated:October 06, 2021 7:10 pm

Ahead of Dusshera and the festive season, the Union Cabinet on Wednesday approved a productivity-linked bonus equivalent to 78 days of wages to eligible non-gazetted Railway employees, benefitting about 11.56 lakh people.

The bonus will cost the exchequer around Rs 1,985 crore and is given to the non-gazetted employees of the Railways every year, based on a formula.

7th pay commission: Good news for Railway employees as Centre takes this BIG decision on night allowance

Also read | #JioDown trends on Twitter as Reliance Jio network down for users

"According to the formula, the employees were supposed to get 72 days' wage as a bonus. But Prime Minister Narendra Modi and the Cabinet have decided to give 78 days' wage as a bonus to boost the morale of the Railway employees," Union Minister Anurag Thakur said while announcing the Cabinet's decision.

Govt approves 78-day wages as productivity bonus to railway employees | Business Standard News

Chairman of the Railway Board Suneet Sharma said, "Today, the Union Cabinet has decided that 78 days' bonus will be given to Railway employees. As many as 11.56 lakh employees will get its benefit. The total amount of the bonus is Rs 1,985 crore."

Also read | Lakhimpur Kheri: Punjab, Chhattisgarh announce Rs 50 lakh each to families four farmers, journalist

"Despite the fact that last year was not easy, all Railway employees have done a great job during the Covid period. We hope that in the coming years also, our employees will do a great job and this bonus will encourage them," he added.

Railway employees demand 'frontline worker' status, priority vaccination | Latest News India - Hindustan Times

-With inputs from ANI

  • Share