Rly unions protest productivity-linked bonus
Railway unions have protested against the decision of the Union Cabinet on Thursday to grant productivity-linked bonus to railway employees saying it is unfair on those who are not covered by the scheme.
The Cabinet approved Railways proposal for payment of Productivity Linked Bonus (PLB) equivalent to 78 days' wages for FY 2011-2012 for all eligible non-gazetted railway employees.
The financial implication has been estimated to be Rs 1021.56 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs 3,500 per month. The unions have objected to the ceiling of Rs 3,500. They had also written to Railway Minister CP Joshi asking for an 80-day bonus. About 12.37 lakh non-gazetted railway employees are likely to benefit from the decision.
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