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78 Days salary as a bonus for the Railway employees

Posted on: 10/Oct/2018 2:28:46 PM
It is a traditional and yearly routing to pay bonus on the occasions of Deepavali to the Railway employees. Over the last 6 years, the salary for 78 days had been paid as a bonus to the Railway employees.

The Railway Board has decided to pay the same 78 days salary as Deepavali Bonus to the employees this year (2018) as well. Reliable Railway circles informed that this decision was taken after consultations with the Railway employees unions and also the central government cabinet will accord approval to this proposal.

M. Raghavaiah, the secretary of the Indian Railway Employees national Federation, explained in this regard that the Railways had earned a revenue of Rs. 160000 Crores last year. Further, it had created a record handling over 1161 million tons of goods/freight. So, the federation demanded 80 days salary as a bonus. However, after discussions, the federation accepted the offer of 78 days salary as a bonus.

12.26 lakhs of railway employees will avail this Deepavali bonus. This will cost the government an expense of Rs. 2000 Crores.