Union Cabinet Approves Rs 3,737 Crore Bonus For Over 30 Lakh Non-Gazetted Central Govt Employees

The Union Cabinet on Wednesday (21 October) approved productivity linked bonus and non-productivity bonus for the financial year 2019-20 for over 30 lakh non-gazetted employees.

"The Union Cabinet chaired by the Prime Minister Narendra Modi, has given 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. will be benefitted and the financial implication would be Rs 2,791 crore," an official release said.

"Non-PLB or ad-hoc Bonus is given to non-gazetted Central government employees. 13.70 lakh employees would be benefited and Rs 946 crore will be the financial implication for the same," the release added.

The bonus will be given in a single installment, through Direct Benefit Transfer, before 'Vijayadashami'. It will cost the government a total of Rs 3,737 crore and benefit a total of 30.67 lakh non-gazetted employees.

This comes as a reason to cheer for the government employees ahead of the festive season.

Earlier on 12 October, the Finance Minister announced a number of measures to induce government employees to spend in the upcoming festive season, including a 'LTC Cash Voucher Scheme' and a 'Special Festival Advance Scheme'.

(With inputs from IANS)