The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has
approved the Production Linked Bonus for Railway Employees.
As a result of the review of the scheme and approval of the Cabinet the salient features of the PLB scheme are as under: –
a) The output for a year is reckoned by the equated net tonne kilometres by adding together:-
i) total goods revenue net tonne kilometres.
ii) non-suburban passenger kilometres converted by a factor of 0.076.
iii) suburban passenger kilometres converted by a factor of 0.053.
b) The input is taken as the non-gazetted staff strength (excluding
RPF/RPSF personnel), increased by the incremental increase/decrease in
capital (over average of last three years) during the year. Incremental
capital is confined to Rolling Stock utilised for movement of trains.
The relative weights given are 0.50 for Tractive Effort, 0.20 for Wagon
Capacity and 0.30 for Seating Capacity. The labour input i.e.
non-gazetted staff strength is then increased to the extent of the
percentage increase in the incremental capital.
Highest PLB amount of 78 days’ wages was paid for the financial years
2010-11, 2011-12, 2012-13 and 2013-14. This year also PLB equivalent to
78 days’ wages will be paid considering the good financial performance
which is expected to motivate employees for working towards improving
the same in future.
The financial implication of payment of 78 days’ PLB to railway
employees has been estimated to be Rs. 1030.02 crore. The wage
calculation ceiling prescribed for payment of PLB to the eligible
non-gazetted railway employees is 3500/- p.m. The maximum amount payable
per eligible railway employee is Rs. 8975 for 78 days.
About 12.58 lakh non-gazetted Railway employees are likely to benefit from the decision.
The Productivity Linked Bonus on Railway covers all non-gazetted railway
employees (excluding RPF/RPSF personnel) who are spread over the entire
country.
Background:
The Union Cabinet in its meeting held on October 2015 accepted the
proposal of the Ministry of Railways for payment of Productivity Linked
Bonus (PLB) equivalent to 78 days’ wages for the financial year
2014-2015 for all eligible non-gazetted Railway employees (excluding
RPF/RPSF personnel).
Source: PIB News
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