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Cabinet may discuss rly staff bonus today

Disha Kanwar & Sanjeeb Mukherjee  |  New Delhi 

The is likely to discuss a railway ministry’s proposal for productivity linked bonus for its employees in a meeting scheduled to be held tomorrow. The had recently assured productivity-linked bonus (PLB) to its employees in the grade pay ranging from Rs 1,800 to Rs 4,600, thus entailing an additional burden of Rs 600-700 crore on the finances of the

The assurance was given by Railway Minister after he held extensive discussion with various employees’ federation a few days back, officials said. The Union is also expected to discuss a proposal forward by the agriculture ministry to set up the for South Asia to undertake advanced research on agricultural practices.

Named after famous agronomist and noble laureate Borlaug, the institute is proposed to be set up in Haryana in collaboration with Mexico-based International Wheat and Maize Improvement Centre (CIMMYT).

Meanwhile, on the railway employees bonus, officials said is linked to (net tonne km traffic) earning divided by the number of employees.

Though there has been an 83.37 per cent increase in passenger traffic and 74.95 per cent increase in goods traffic in terms of kilometres covered between 2000-2001 and 2008-2009, staff strength has been reduced by 10.29 per cent. The paid approximately to 13 lakh employees will amount to Rs 8,975 per employee.

According to the Bonus Act, the maximum bonus allowed to the employee for 30 days is Rs 3,500. Actually, the federations had demanded 80 days’ bonus and had asked for to the employees equal to their per day salary earning.

First Published: Fri, September 30 2011. 00:38 IST