Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020

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....abinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020 <br>News and Press Release<br>Dated:- 21-10-2020<br><BR>The Union Cabinet chaired by the Prime Minister Shri N....

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....arendra 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,....

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....ESIC,etc.will be benefitted and the financial implication would be &#8377; 2,791 crore. Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be be....

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....nefited and &#8377; 946 crore will be the financial implication for the same. A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be &#83....

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....77; 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 Productivit....

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....y Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.<BR> News - Press release - PIB....