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

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..... Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020
News and Press Release
Dated:- 21-10-2020

The Union Cabinet chaired by the Prime Minister Shri .....

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..... Narendra 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 ₹ 2,791 crore. Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be b .....

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..... enefited and ₹ 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  .....

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..... 377; 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 Productivi .....

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

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