Cabinet Approves Bonus Rs 3,737 Crore For 30 Lakh Central Government Employees

Cabinet Approves Bonus Rs 3,737 Crore For 30 Lakh Central Government Employees

Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non- gazetted employees of commercial establishments like Railways, Posts, Defence,  EPFO, ESIC, etc. will be benefitted and the financial implication would be Rs.2,791 crore.

Also Read: Productivity Linked Bonus (PLB) equivalent to 78 (Seventy Eight) days wages without any ceiling on wages for eligibility for the financial year 2019-20 to all eligible non-gazetted Railway employees (Railway Board Order on 20-10-2020)

Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.

Also Read: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2019-20 (DoE Order on 21-10-2020)

A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.

Payment of Bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja / Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.