Question

The Productivity Linked Reward (PLR) Scheme has been

Q: Answer-The Productivity Linked Reward (PLR) Scheme has been modified by the Union Cabinet to benefit employ...

The total financial implication for the scheme is 200 crore, not 250 crore. The other statements are accurate regarding the schemes modifications.

modified by the Union Cabinet to benefit employees of Major Port Authorities and Dock Labour Boards for the period 2020-2026. Which of the following aspects is not part of the modification under this scheme?

A The wage ceiling for calculating bonuses has been raised to ₹7000 per month.

B The scheme’s performance weightage is based on port-specific productivity rather than an all-India basis.

C The scheme will cover approximately 20,704 employees in total.

D The total financial implication for the scheme is ₹250 crore over the period.

E The scheme will apply to employees from all Major Port Authorities and Dock Labour Boards.

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Solution