IndiaDiwali bonus for railway employees: What is the maximum amount? - Important...

Diwali bonus for railway employees: What is the maximum amount? – Important information

The Central Government has announced a 78-day bonus for railway employees on the occasion of Diwali. Details including who gets the bonus and how much bonus have been announced. Important information about:

* Productivity based bonus equal to 78 days pay for fiscal year 2020-21.

* Provided to all eligible railway employees except RPF and RBSF personnel.

* The cost of providing 78 days bonus to railway employees is estimated at Rs 1984.73 crore.

* The pay ceiling for calculating bonus for eligible employees who are not in the Gazette is Rs.7000.

* A railway employee will be paid a maximum of Rs 17,951 for 78 days.

* 11.56 lakh railway employees are expected to benefit from this.

* This bonus will be given before the Dasara / Puja holiday.

* 78 days pay bonus for the financial years 2010-11 to 2019-20.

* Product-based bonus equal to 78 days pay in 2020-21.

* Non-officers working in the Indian Railways are given annual bonuses during Diwali and Dussehra.

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