With Diwali round the corner, the Union Cabinet is likely to approve a bonus for Railways employees. The Cabinet is likely to clear the proposal for the productivity-linked bonus in its upcoming meeting, government sources told Business Today.
The bonus, extended to non-gazetted railway employees, is meant to recognise their contribution to the efficiency and performance of the Indian Railways. Last year, nearly 11 lakh employees received the payout, boosting morale and festive spending nationwide. A similar announcement this year is expected to trigger a comparable ripple effect. Advertisement
The timing is key, as retailers and businesses are banking on stronger demand this festive season, aided by recent GST cuts. A bonus for railway employees, a vast consumer base across urban and