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Productivity Linked Bonus to Railway Employees

Productivity Linked Bonus to Railway Employees – Railway Board decides to constitute a Committee

Ministry of Railways (Railway Board) have decided to constitute a Committee for evolving a new formula for Productivity Linked Bonus on Indian Raiways. The Committee will consist of the following :-

i) Additional Member (Staff), Railway Board – Convener

ii) Additional Member (Budget), Railway Board – Member

iii) Additional Member (Civil Engineering), Railway Board – Member

iv) Additional Member (Mechanical Engineering), Railway Board – Member

v) Additional Member (Commercial), Railway Board – Member

2. The Terms of reference of the Committee will be as under :

“To evolve a new formula for calculation of number of Productivity Lined Bonus days keeping in view the recommendations of the Sixth Central Pay Commission and the views of the Ministry of Finance.”

3. The Headquarter of the Committee will be at New Delhi.

4. The Committee shall submit its report within a period of four months from the date of its Constitution.

5. The Convener and Members of the Committee will be eligible to draw TA/DA, as per extant rules.

Source: NFIR

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