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Cabinet approves Rs 2,010 crore bonus for over 11 lakh railway employees
వార్తల్లో ఎందుకు?
Rs 2,010 crore for 11 lakh railway staff: the Productivity Linked Bonus facts GS-II and GS-III both test
The Union Cabinet has approved a Productivity Linked Bonus of Rs 2,010 crore for more than 11 lakh railway employees. The bonus is paid each year before the Durga Puja and Dussehra holidays as an incentive to motivate staff.
Why it matters: general awareness
What you need to know
2 నిమి
The Union Cabinet has approved a Productivity Linked Bonus of Rs 2,010 crore for more than 11 lakh railway employees.
The bonus is paid each year before the Durga Puja and Dussehra holidays as an incentive to motivate staff.
మూలాలు: Topper IAS editorial (PIB / The Hindu / Indian Express)
ముఖ్య వాస్తవాలు
Remember these
- Union Cabinet approved a Productivity Linked Bonus (PLB) of Rs 2,010 crore
- More than 11 lakh railway employees benefit
- The bonus is paid every year before the Durga Puja and Dussehra holidays
- PLB is an incentive linked to performance, meant to motivate staff
- Indian Railways is run by the Ministry of Railways under the Union Government
ప్రిలిమ్స్ · మెయిన్స్
How the exam will ask it
ప్రిలిమ్స్
- The Productivity Linked Bonus for railway employees is approved by the Union Cabinet.
- PLB is paid annually, ahead of the Durga Puja and Dussehra holidays.
- The bonus is an incentive linked to productivity and is intended to motivate staff.
మెయిన్స్
GS-II/GS-III: Railways is India's largest public-sector employer and a core infrastructure backbone. The Productivity Linked Bonus ties pay to performance and sustains staff morale, but it adds to the fiscal burden and works best when linked to measurable output such as efficiency and safety. The way forward is transparent, outcome-based metrics so that incentives support better service and infrastructure delivery.
Quick recall
Answer before you reveal
With reference to the Variable Rate Reverse Repo (VRRR) auction conducted by the RBI, consider the following statements:
- In a reverse repo operation, the RBI borrows funds from banks.
- VRRR auctions are used to absorb surplus liquidity from the banking system.
Which of the statements given above is/are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
సమాధానం చూడండి
సమాధానం: C — Both 1 and 2 is correct. Both statements are correct. A reverse repo means the RBI borrows from banks against government securities, and VRRR auctions are used to absorb surplus liquidity.
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