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.
The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion (at a rate of $15,000 per second or $1.3 billion a day) during the first two years of a pandemic while the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty. A new
The Vistadome coaches on Central Railways have received an overwhelming response from passengers. Not only have they boosted tourism and registered an occupancy of 20,407 passengers but also clocked revenue of Rs.2.38 crore between October and December 2021. The CSMT-Madgaon-CSMT Jansh
India is once again caught in a spike of Covid-19 cases, with the highly transmittable omicron driving numbers. The total cases in the country continued to increase on Saturday, recording 2.68 lakh cases in 24 hours. India`s active caseload currently stands at 14,17,820 or 3.85%, while the r
Mantra and the meaning of Success By Rajesh Talwar Bridging Borders, 288 pages Rajesh Talwar, who works as Deputy Legal Adviser to the United Nations Mission in Afghanistan, has written 31 books, and on January 15 he is releasing one more. ‘
Essence of the Fifth Veda By Gaurang Damani Divine Destination, 234 pages, Rs 350 ‘Veda’ literally means ‘knowledge’.
Being Adivasi: Existence, Entitlements, Exclusion [Part of ‘Rethinking India’ series] Edited by Abhay Flavian Xaxa and G.N. Devy Penguin, xxvi+182 pages, Rs 699 ‘Being Adivasi: Existence, Entitlements, Exclusion’ (Penguin India), edited by