Cabinet approves 78 days productivity-linked bonus for rail employees
Wednesday - September 20, 2017 3:34 pm ,
Category : BUSINESS
Cabinet approves 78 days productivity-linked bonus for rail employees
New Delhi Sep 20 (IANS) The Union Cabinet on Wednesday approved 78 days productivity-linked bonus for non-gazetted rail employees Finance Minister Arun Jaitley said.
The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi.
Addressing a press conference Jaitley said "The Cabinet has approved 78 days Productivity-Linked Bonus for non-gazetted rail employees for 2016-17."
He said that according to the existing formula the productivity-linked bonus was for 72 days.
"Six years ago there was a tradition of giving 78 days bonus. So the Cabinet has approved the 78 days productivity-linked bonus " the Finance Minister added.
--IANS
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