The bonus for railway employees has been approved in the cabinet meeting of the NDA government led by Prime Minister Narendra Modi held on October 3, 2024.

Ashwini Vaishnav gave information about the bonus of railway employees . Ashwini Vaishnav said that the cabinet has approved the bonus for railway employees. It has been decided to give a total bonus of 78 days to the employee. A total of 11,72,240 employees will benefit from this decision. Out of these, the process of recruitment of 58,642 employees is currently underway.

How much bonus will the employees get

Indian Railways’ performance was good, after which the employees are being given bonuses. The government is giving a bonus of Rs 2029 crore. Employees will get 78 days’ bonus. 11 crore employees will benefit from this. Every railway employee will get a maximum bonus of Rs 17,951.

These employees will benefit

All categories of employees of Indian Railways will benefit from the bonus. This includes track maintainers, loco pilots, train managers (guards), station masters, supervisors, technicians, technician helpers, group C staff, points men, ministerial staff, etc.

Let us tell you that every year Indian Railways announces Productivity Linked Bonus (PLB) before Durga Puja/Dussehra festivals. This year also, bonus has been announced for railway employees on the first day of Navratri.

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The Railway Ministry says that the railway employees had ensured uninterrupted movement of essential commodities like food, manure, coal and other items even during the lockdown. Railways said that in the last three years, several steps have been taken to gain market share in freight traffic and enhance recovery in passenger fares through appropriate policy initiatives. As a result, the Railways has regained its economic momentum in the current financial year (2022-23), which was disrupted due to the pandemic. Railways carried 184 million tonnes of freight during the financial year 2021-22. This is the highest ever.

Payment of bonus will serve as an incentive. This will help a large number of Railway employees, especially those involved in the performance and operation of Railways, to improve their productivity. Payment of bonus will also boost demand in the economy in the coming festive season.

The payment of bonus for 78 days to railway employees is estimated to cost Rs 1,832.09 crore. The prescribed salary calculation limit for payment of bonus is Rs 7,000 per month. Railway employees will be paid a maximum of Rs 17,951 for 78 days.

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