Good news for Railways employees: Centre approves Rs 2,029 crore bonus ahead of festive season

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Good news for Railways employees: Centre approves Rs 2,029 crore bonus ahead of festive season

By: TP News Date: 10/3/2024 9:08:19 PM

New Delhi :

In a meeting chaired by Prime Minister Narendra Modi on Thursday, the Union Cabinet approved several major schemes, including a bonus for railway employees. Recognising the exceptional performance in the railways, the Cabinet has sanctioned a Diwali bonus amounting to Rs 2,029 crore for 11,72,240 railway employees. This productivity-linked bonus is equivalent to 78 days' worth of wages.

The amount will be paid to various categories of Railway staff like track maintainers, loco pilots, train managers (guards), station masters, supervisors, technicians, technician helpers, pointsman, ministerial staff and other Group XC staff, an official statement said.