30.67 lakh employees will benefit, total financial implication is Rs 3,737 crore
GN Bureau | October 21, 2020
The union cabinet chaired by prime minister Narendra Modi on Wednesday gave its approval to pay productivity linked bonus (PLB) for 2019-20 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, and ESIC, with a financial implication of Rs.2,791 crore.
Non-PLB or ad-hoc bonus is given to non-gazetted central government employees. As many as 13.70 lakh employees will benefit and Rs.946 crore will be the financial implication for the same.
A total of 30.67 lakh employees will benefit from 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 PLB and ad hoc bonus for its non-gazetted employees to be disbursed immediately.
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