Cabinet approves bonus for central government employees, to benefit 30 lakh
New
Delhi,
Oct
21:
Ahead
of
Dussehra,
the
Union
Cabinet
on
Wednesday
approved
productivity
linked
and
non-productivity
linked
bonus
for
the
year
2019-20.
The
government
has
decided
to
give
Rs
3,737
crore
as
bonus
to
30.67
lakh
non-gazetted
employees
with
a
view
to
encourage
spending
during
the
festival
season.
The bonus will be given in a single instalment through Direct Benefit Transfer (DBT) before Vijayadashami.
"Union Cabinet approves productivity linked bonus and non-productivity linked Bonus for 2019-2020. More than 30 lakh non-gazetted employees will be benefited by the bonus announcement and total financial implication will be Rs 3,737 crores," said Union Minister Prakash Javadekar.
The bonus, to be given in a week's time, will encourage the middle-class to spend and thus add to the demand in the economy, the minister said.
Railway union threatens 2-hour strike on October 22 if bonus is not declared by Wednesday
The beneficiaries include 17 lakh non-gazetted employees from m government's commercial establishments such as railways, post office, EPFO, ESIC and production and their share will be Rs 2,791 crore. The rest 13 lakh government employees get non-productivity link bonus of Rs 946 crore.
It may be recalled that all India Railways Federation, a union of railways staff had called for a nationwide two-hour strike on October 22, demanding immediate disbursal of the bonus.
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The union said the government should not deny bonus pertaining to 2019-20 citing this year's pandemic. Every year, this bonus is given before Dussehra.