Railway Bonus 2023-24 | PLB Bonus for Railway Employees 2024 PDF

Diwali Bonus for Railway Employees 2024 | Railway Bonus 2023-24

Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2023-24: Railway Board Order RBE No. 91/2024

The President is pleased to sanction Productivity Linked Bonus (PLB) equivalent to 78 (Seventy Eight) days wages’ without any ceiling on wages for eligibility for the financial year 2023-24 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel). Where, wages’ exceed ₹7000/- per month, Productivity Linked Bonus will be calculated as if the ‘wages’ are ₹7000/- p.m. Other conditions of eligibility, method of calculation of wages, etc., as prescribed in this Ministry’s instructions and Clarifications issued from time to time, shall remain unchanged. [Click here to view Railway Board Bonus Order 2024 PDF]

Cabinet Approves 78 days wages PLB Bonus for Railway Employees 2023

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2022-23 to all eligible non-gazetted Railway employees namely Track maintainer, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Points man, Ministerial Staff and other Group ‘C’ staff (excluding RPF/RPSF personnel). [READ MORE…]

Bonus Order for Central Government Employees 2023 PDF (MoF Order 17-10-2023)

Diwali Bonus for Railway Employees 2022 | Railway Bonus 2021-22

Productivity Linked Bonus (PLB) equivalent to 78 days salary for all qualified non-gazetted Railway Employees (excluding RPF/RPSF personnel) for the financial year 2021-22.

Productivity Linked Bonus (PLB) equivalent to 78 (Seventy Eight) days wages without any ceiling on wages for eligibility for the financial year 2021-22 to all eligible non-gazetted Railway employees (excluding all RPF / RPSF personnel). Where, wages exceed ₹7000/- per month, Productivity Linked Bonus will be calculated as if the ‘wages’ are Rs.7000/- p.m. [Click to read Railway Board Bonus Order 2022 PDF]

Productivity Linked Bonus for Railway Employees equivalent to 78 days wages to eligible Non-gazetted Railway employees;

Payment before Dussehra/Puja Festival season;
11.27 lakh non-gazetted Railway employees likely to benefit;
Incentive to Improve Productivity and Efficiency of Railways.

Hon’ble Prime Minister Shri Narendra Modi has given approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2021-22. About 11.27 lakh non-gazetted Railway employees are likely to benefit from the decision. This payment will be made before Dussehra / Puja holidays, bringing smile to lakhs of families ahead of the festive season.

The Railway employees have played important role in performance of Passenger & Goods services which also acted as catalyst for the economy. In fact, Railway employees ensured uninterrupted movement of essential commodities like food, fertilizer, coal and other items even during the lockdown period. Railways has ensured there is no shortage of such commodities in the area of operations.

Central Government Holiday List 2024 PDF

Railways in past 3 years have undertaken series of steps to regain market share in freight and increase realization in passenger fares through suitable policy initiatives. As a result, in the current year (2022-23), Railways have regained the momentum in receipts, disrupted previously due to the pandemic. In F.Y. 2021-22 Railways achieved incremental freight loading of 184 million tonnes which is highest ever (Total 1418 million tonnes). The payment of PLB would serve as an incentive and result in motivating a large number of Railway employees, particularly those involved in execution and operations of railways, to improve their productivity and ensure safety, speed and service for Railway customers. The payment of PLB will also boost the demand in economy in upcoming festival season.

The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 1832.09 crores. The wage calculation ceiling prescribed for payment of PLB is Rs 7,000/- p.m. The maximum amount payable per eligible railway employee is Rs. 17,951 for 78 days.

Diwali Bonus for Railway Employees 2021

Railway Bonus 2021 Latest News: Payment of 78 Days PLB to Railway Employees for 2020-21 – Railway Board Orders 2021

Cabinet Approves 78 days Productivity Linked Bonus to railway employees for the financial year 2020-21

Payment of PLB to eligible railway employees is made each year before the Dusshera / Puja holidays. The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs.1984.73 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs.7000/- p.m. The maximum amount payable per eligible railway employee is Rs. 17,951 for 78 days.