30 Lakh Central Govt Employees to Get Bonus: Prakash Javadekar
The government reportedly said that this move will increase demand in the festive season.
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The Union Cabinet on Wednesday, 21 October, gave its assent for Productivity Linked Bonus or PLB for the year 2019-2020, reported NDTV. This means that an immediate disbursal of Rs 3,737 crore of bonus and non-productivity linked bonus to approximately 30 lakh central government employees will take place, according to TOI.
The decision was taken at a meeting chaired by PM Narendra Modi.
Referring to this decision, Union Minister Prakash Javadekar said that approximately 30 lakh government employees will be given a bonus for 2019-2020.
According to NDTV, this decision will benefit 16.97 lakh non-gazetted employees of commercial establishments such as Railways, Posts, Defence, EPFO, and ESIC.
The government, further, according to NDTV, said that Non-Gazetted Central Government employees will receive non-PLB or ad-hoc bonus, from which 13.70 lakh employees will benefit.
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