
The DFS, Ministry of Finance, Government of India, has introduced a new PLI scheme for senior executives (Scale IV and above) of Public Sector Banks. As per the new PLI scheme, senior officers will get PLI up to 100% of their annual basic pay. This means they will get almost double salary. The junior officers (Scale I, Scale II, Scale III) are not happy with this. The maximum revenue is generated for banks by branches, and maximum number of branches are run by Scale II and Scale III officers. Still, they are paid PLI up to only 15 days of basic pay, whereas Scale IV and above officers will get lacs of rupees as PLI.
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