Dussehra bonanza for Indian Railways employees! Up to Rs 18,000 bonus approved by Modi government

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Each year about 12.26 lakh railway employees have been receiving their bonuses. Hence, ahead of the big festive season, it has been reported that this year railway employees of 2017-18 are most likely to receive 78-day wages as a as productivity-linked bonus (PLB). The bonus is likely to work out to be around Rs. 18,000 per employee. The wage calculation ceiling prescribed for payment of bonus is Rs. 7,000 per month. Thus, the maximum amount payable per eligible railway employee is Rs. 17,951 for 78 days.
The financial implication of 78-day bonus to eligible non-gazetted railway employees for 2017-18 is estimated at over Rs. 2,000 crore. However in amid of all this, one also needs to note that the bonus will not be given to the employees belonging from the Railway Protection Force (RPF) and Railway Protection Special Force (RPSF) personnel.
As claimed by several media reports the decision was given out when the pressure was made According to reports, the idea of the bonus was, in fact, was proposed by the Railway Board itself after detailed discussions with rail unions. Since it is being practised from the past 6 years it has been reported by a senior Railway Ministry official that the proposal might get approved by the cabinet.
Since the election is around the corner and 5 states are already been entering in their electioneering phase, the bonus remains significant for the employees. According to some official reports the government’s announcement on this subject will be made in a few days.
The daily portals have also recorded National Federation of Indian Railwaymen General Secretary M. Raghavaiah’s official stance on this, where he stated that “Since the Railways has earned Rs. 16,000 crore more than the last year’s earnings and transported a record 1,161 million tonnes of freight this time, we had demanded an 80-day bonus. But finally, we agreed on 78 days.”
All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra also shared his position on this topic, by stating that since the 78-day bonus will be announced next week, it will do a good job in motivating employees in a way that they will work towards in improving the financial position of the public transporter. Adding to this, the railways are also expecting this wage bonus will give a boost to the number of employees and will also serve well as a mean to motivate them in improving their productivity as well as dedication and speed while giving out the services to their customers.
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