It would benefit 11 lakh employees and would cost the exchequer Rs 2,024 crore, said Union Minister Prakash Javadekar.
New Delhi: The Union Cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved 78-day wages as productivity bonus to railway employees. Union Minister Prakash Javadekar gave this information in a press conference after the Cabinet meeting.
Terming the bonus as "a reward for productivity”, the Javadekar said it will bolster the government’s effort to maintain high levels of motivation in the railway staff.
This is for the sixth consecutive year that productivity linked bonus is being given to railway employees.
It would benefit 11 lakh employees and would cost the exchequer Rs 2,024 crore, Javadekar said.
The productivity-linked bonus is aimed at acknowledging the employees' contribution to efficient railway operations, an official statement said.
The approved bonus is for non-gazetted railway employees, the official statement said, and excludes Railway Protection Force (RPF) and Railway Protection Special Force (RPSF) staff.