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Cabinet Approves Bonus For Central Govt Employees To Be Distributed Immediately

By Staff
|

On Wednesday, the Union Cabinet gave 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. The financial implication of benefit to these employees would be Rs 2,791 crore, the government said.

Cabinet Approves Bonus For Central Govt Employees To Be Distributed Immediately
 

Non-PLB or ad-hoc bonus would be given to 13.70 lakh non-gazetted central government employees. The financial implication for the same would be Rs 946 crore, the government said.

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 the preceding year is usually made before Durga Puja/Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad-hoc bonus for its non-gazetted employees to be disbursed immediately," the Cabinet's statement said.

Announcing the Cabinet's decision, Union Minister Prakash Javadekar said the bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami.

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