New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, today approved payment of 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 would be given to non-gazetted central government employees. A cabinet note said 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same. It further informed that a total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.
It may be mentioned that payment of bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/Dussehra season. The Government announced that the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees be disbursed immediately.
– globalbihari bureau
