Cabinet approves bonus for over 30 lakh employees
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India, Oct. 21 -- The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday 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.
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.
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 ...
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