Cabinet approves modified Productivity Linked Reward scheme for major ports
On 3 October 2024, in New Delhi, the Union Cabinet approved a modified Productivity Linked Reward (PLR) scheme for Major Port Authorities and Dock Labour Board employees for 2020-21 to 2025-26.
Summary
On 3 October 2024, in New Delhi, the Union Cabinet chaired by PM Narendra Modi approved the modified Productivity Linked Reward (PLR) scheme for employees and workers of Major Port Authorities and the Dock Labour Board, applicable from 2020-21 to 2025-26. It will benefit about 20,704 employees, with a total financial implication of about Rs 200 crore over the period.
Key facts
- Approved
- 3 Oct 2024
- Period
- 2020-21 to 2025-26
- Beneficiaries
- ~20,704 employees
- Cost
- ~Rs 200 crore
Practice MCQs 1 questions
For which period did the Cabinet approve the modified Productivity Linked Reward scheme for major ports on 3 October 2024?
Show answer
Correct answer: D — 2020-21 to 2025-26
PIB (3 Oct 2024): the modified PLR scheme is applicable from 2020-21 to 2025-26 and will benefit about 20,704 employees.