×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Railway employees to get 70 days bonus

Railway employees to get 70 days bonus
Comment E-mail Print Share
First Published: Thu, Oct 11 2007. 03 45 PM IST
Updated: Thu, Oct 11 2007. 03 45 PM IST
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 said after a meeting of the Union Cabinet chaired by Prime Minister Manmohan Singh on 11 October.
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.
Comment E-mail Print Share
First Published: Thu, Oct 11 2007. 03 45 PM IST