The bonus that has been announced this year is of 30.04 days salary and this means it would come up to Rs 6,900. (Photo Credit: PTI)
As part of the 7th Pay Commission, the central government has announced a Diwali bonus for Group B and Group C non-gazetted employees. The bonus has been announced under the Non-Product Linked Bonus (NLPB). The order in this regard was announced by the Central government on October 4 as an ad-hoc bonus. The benefits will be given to those employees who are not eligible for the NLPB.
According to reports, the bonus that has been announced this year is of 30.04 days salary and this means it would come up to Rs 6,900. Those who will be eligible for this bonus should have been in service till March 31 2019 and during the years 2018-19 completed six months of service are eligible for this ad-hoc bonus.
The Indian Railways has already announced a 78 days bonus for non-gazetted employees of Group B, Group C and Group D. Around 12 lakh employees of the Indian Railways will be benefited by this and they would get Rs 17,951 as bonus.
Meanwhile, in a bonanza to 48 lakh central government employees, the Union Cabinet has approved recommendations of 7th Central Pay Commission with 34 modifications which will impose an additional annual burden of Rs 30,748 crore on the exchequer.
The increased allowances, which comes into effect from July 1, 2017, is based on the recommendations of the Committee on Allowances (CoA).
The allowances as recommended by the 7th Central Pay Commission would have cost the exchequer Rs 29,300 crore. The modified allowances approved by the Union Cabinet headed by Prime Minister Narendra Modi will increase the burden by Rs 1,448 crore to Rs 30,748 crore per annum.
The 7th Pay Commission suggested abolition of 53 allowances. Of these, the government decided not to do away with 12 allowance, he said.
This will benefit over one lakh employees belonging to specific categories in railways, posts, defence and scientific departments.