Saturday, April 30, 2011

Special Incentive Scheme.


GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)


No.2007/M(PU)/1/11.                                                                              
 New Delhi, dated 21-04-2011.

The General Manager,
Chittaranjan Locomotive Works,
Chittarajan.



Sub: Special Incentive Scheme.

Ref: CME/Loco/CLW's letter no.PE/PLO/03 dated 07.02.11.

   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 timings should be reduced by 2.5 % at 60% level (with cuts in allowed time being linearly indexed to increase in incentive earning between 50% & 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 between 60-70%.

  5.GM/CLW to advise a time bound target of the implementation of proposed Group incentive Scheme at CIW. All out efforts may be made for switching over to GIS at CLW.

     6.This special incentive scheme is applicable for the year 2011-12. There will be no staff increase and all other terms and conditions would remain the same as were applicable for the year 2010-11.

   This issues with the Concurrence of Finance Dte. of the Ministry of Railways.

   Hindi version will follow.

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

Source;www.airfindia.com

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