With reference to the Productivity Linked Bonus (PLB) scheme for the railways, consider the following statements:1. The Union Cabinet approved the Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).2. Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?

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With reference to the Productivity Linked Bonus (PLB) scheme for the railways, consider the following statements:

1. The Union Cabinet approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).

2. Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80.

Which of the statements given above is/are correct?

a)
1 only
b)
2 only
c)
Both 1 and 2
d)
Neither 1 nor 2

Correct answer is option 'C'. Can you explain this answer?

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With reference to the Productivity Linked Bonus (PLB) scheme for the r...

The Union Cabinet approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).

About 11.56 lakh non-gazetted Railway employees are likely to benefit from the decision. Payment of PLB to eligible railway employees is made each year before the Dusshera/ Puja holidays. The decision of the Cabinet shall be implemented before the holidays for this year as well.
Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80.
The PLB Scheme for the Railways came into force from the year 1979-80 and was evolved in consultation with the two recognized Federations namely, All India Railwaymen's Federation and National Federation of Indian Railwaymen and with the approval of the Cabinet. The scheme envisages a review every three years.
Hence both statements are correct.

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With reference to the Productivity Linked Bonus (PLB) scheme for the railways, consider the following statements:1. The Union Cabinet approved the Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).2. Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?

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