Railway employees to get 70 days bonus
Thousands of non-gazetted Railway employees, barring RPF and RPSF personnel, would get productivity linked bonus equivalent to 70 days wages this year.
By PTI |
NEW DELHI: Thousands of non-gazetted Railway employees, barring RPF and RPSF personnel, would get productivity linked bonus equivalent to 70 days wages this year.
This is the highest-ever bonus being paid to the employees for the good work done by them to take the Indian Railways to a new high, Information and Broadcasting Minister P R Dasmunsi told reporters after a meeting of the Union Cabinet chaired by Prime Minister Manmohan Singh today.
The Cabinet approved the proposal of Railway Minister Lalu Prasad to this effect, he said.
The productivity-linked bonus equivalent to 70 days wages would be given to all eligible non-gazetted railway employees, excluding the personnel of RPF and RPSF, for the 2006-07 fiscal on the basis of the formula approved by the Cabinet in September 2000, Dasmunsi added.
This is the highest-ever bonus being paid to the employees for the good work done by them to take the Indian Railways to a new high, Information and Broadcasting Minister P R Dasmunsi told reporters after a meeting of the Union Cabinet chaired by Prime Minister Manmohan Singh today.
The Cabinet approved the proposal of Railway Minister Lalu Prasad to this effect, he said.
The productivity-linked bonus equivalent to 70 days wages would be given to all eligible non-gazetted railway employees, excluding the personnel of RPF and RPSF, for the 2006-07 fiscal on the basis of the formula approved by the Cabinet in September 2000, Dasmunsi added.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
