Railway staff to get 75 days' wages as bonus


The decision to this effect was taken by the Cabinet at its meeting chaired by the prime minister here on Thursday. The bonus will cost the exchequer Rs 889 crore. The beneficiaries would be non-gazetted employees of the railways, excluding the Railway Protection Force and the Railway Protection Special Force, information and broadcasting minister Ambika Soni told newspersons after the Cabinet meeting.

This will be the highest productivity-linked bonus to be made by the Railways. Last year, 73 days of wages were paid as bonus to the railway staff.

The wage calculation ceiling prescribed for the payment of bonus to non-gazetted railway employees is Rs 3,500 per month. Last week the Cabinet decided to effect an additional five per cent hike in dearness allowance and dearness relief for its employees and pensioners, respectively, with effect from July 1 this year, entailing an extra burden of Rs 4355.35 crore per annum on the national exchequer.

The Cabinet also approved a proposal for availing the Japanese Overseas Development Assistance for the implementation of Western Corridor of the ambitious Dedicated Freight Corridor (DFC) project. The first phase of the assistance is being estimated at Rs 17,700 crore. The total cost of the western DFC is estimated to be Rs 26,124 crore as per current prices. Gujarat, Maharashtra and Rajasthan are covered by the western DFC.

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