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HelloRail
  • News
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    The Free Train Of India. Bhakra Nangal Train Will Take You From Punjab to Himachal via Mountains.

    Railway Reveals Shocking Truth About Linen Washing Frequency for Passengers in AC Coaches.

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  • Vande Bharat
    New Vande Bharat Train Connects Bengaluru to Ernakulam with Daily Service, Covering 620 km in 8 Hours 57 Minutes

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    New Vande Bharat Train Connects Bengaluru to Ernakulam with Daily Service, Covering 620 km in 8 Hours 57 Minutes

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    HelloRail.in Coverage Featured Image

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Indian Railways employees may receive a Diwali bonus increase of 28,200 rupees if calculated under the 7th Pay Commission.

hellorail by hellorail
September 21, 2024
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Lottery for Railway Employees’ Bonus on Diwali

The Indian Railways is set to hold a lottery for its employees this Diwali, with discussions underway regarding a potential increase in the bonus amount. Union Minister Ashwini Vaishnav has received requests from railway employees to calculate the bonus based on the Seventh Pay Commission’s salary structure. If the government implements this change, employees could see a bonus increase of at least Rs 28,200, significantly impacting their festive celebrations.

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Current Bonus Calculation and Employee Concerns

As it stands, the current bonus calculation is based on the Sixth Pay Commission, which sets the minimum salary at Rs 7,000 per month. However, under the Seventh Pay Commission, the minimum salary has been raised to Rs 18,000. Sarvjit Singh, the National General Secretary of the Indian Railway Employees Federation (IREF), highlighted that calculating the productivity-linked bonus (PLB) based on the outdated figure is unjust to employees, especially considering their crucial role during the recent pandemic when they ensured the continued operation of trains amidst lockdowns.

Potential Increase in Bonus Amount

IREF emphasizes that, according to government guidelines, railway employees should receive a PLB equivalent to 78 days’ basic salary. Currently, the payment is only Rs 17,951 based on the Rs 7,000 salary. Singh noted that this amount is insufficient in the context of rising inflation. If the government decides to adjust the bonus to reflect the Seventh Pay Commission’s minimum salary, employees would receive a bonus of Rs 46,159 for 78 days, leading to an increase of Rs 28,208 compared to the current payment system. The union has formally requested this adjustment to enhance the financial well-being of railway employees during the festive season.

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Important Information Organised For You.

Category Details

Event

Lottery for railway employees on Diwali

Bonus Calculation Request

Request to calculate bonus based on Seventh Pay Commission

Current Minimum Salary

Rs 7,000 (Sixth Pay Commission)

Proposed Minimum Salary

Rs 18,000 (Seventh Pay Commission)

Current Bonus Payment

Rs 17,951 for 78 days

Proposed Bonus Payment

Rs 46,159 for 78 days

Potential Increase in Bonus

Rs 28,208 increase if calculated under Seventh Pay Commission

Reason for Request

Injustice of current calculation amid rising inflation

Impact of Railway Employees

Ensured movement of trains during Covid lockdown
hellorail

hellorail

Author is a passionate writer and rail enthusiast contributing to HelloRail.in, a leading platform dedicated to everything about the railways. With a deep interest in rail-related topics, they cover everything from the latest trends in the rail industry to insightful stories of everyday passengers. Their work reflects a blend of journalism, storytelling, and a commitment to making complex rail news accessible to everyone. Through their articles, they aim to bring the rail market, stocks, and business insights closer to readers while also highlighting the shared experiences of rail travelers across the country. When not writing, HelloRail Team enjoys exploring new rail routes and interacting with fellow rail enthusiasts, ensuring their knowledge remains fresh and relevant to readers.

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