Special incentive scheme in Railway Board (Latest Order) - ALLCGNEWS

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30 April 2011

Special incentive scheme in Railway Board (Latest Order)

Government of India
Ministry of Railways
(Railway Board)
No.2007/M(PU)/1/11.


The General Manager,
Chittranjan Locomotive Works,
Chittranjan.
Subject  - Special Incentive scheme.
Reference - CME/Loco/Clw's letter no.PE/PLO/03 dated 07.02.2011
   
   Ministry of Railways have approved the special incentive scheme as proposed by CLW subject to the following :-


1.   Incentive bonus limit to be 70%


2.   Simultaneously , allowed timing should be reduced by2.5% at 60% ( level with cut in allowed time being linearly indexed to increase in incentive earnings between 50% and 60% with 0% cut at 50% earning and 2.5% cut at 60%earning)


3.   Allowed time to be further reduced by 1% at 70% level using the same formula of linear indexing between60-70%.


4.   GM/CLW to advise a time bound target of the implementation of proposed group incentive scheme at CLW.  All out may be made for switiching ober to GIS at CLW.


6.   The special incentive scheme is applicable for the year 2010-2011. There will be no staff increase and all other terms and conditions would remain the same as were applicable for the year 2010-2011.
This issue with the conference of finance Dte. of the Ministry of Railways

(A.K. Panda)
Director Mech Engg.,(PU),
Railway Board.


Click here to view the Railway Board order.

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