The union cabinet decided to give Productive Linked Bonus (PLB) equivalent to 78 days wages to railway employees on wednesday.
The approval of Productive Linked Bonus entails financial implication of approx Rs 2090.96 crore. PLB is paid to about 12 lakh railway employees each year before the Dussehra festival.
The 78-day wage is expected to be around Rs 18,000 per employee.Last year, the minimum bonus paid was Rs 8,975 per employee.
It will help in motivating a large number of railway employees to improve the performance of the Railways.
It covers all non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2015-16.