""FLASH NEWS""

"" Listing of state general insurers may be staggered.""...""" New India Assurance launches “New India Premier Mediclaim Policy” with exclusive features and Sum Insured upto Rs. 1 crore""".... “The tentative decrease in D.A. Slabs is 9 for the months from February,2017 to April,2017 - The net number of slabs for Feb.,2017 stands at 469"".."" ALL MEMBERS OF NFGIE/GICEU: PL ENSURE PAYING LEVY ON WAGE REVISION IMMEDIATELY ON RECEIPT OF ARREARS TO THE RESPECTIVE STATE /REGIONAL UNITS TO STRENGTHEN FINANCIAL POSITION OF NFGIE AS WELL AS STATE UNITS OF GICEU""....."" WAGE ARREARS WILL BE PAID ON 05th FEB.,2016""...."" WAGE REVISION FILE WAS CLEARED BY FINANCE MINISTRY ON THURSDAY 14TH JAN.,2016 ONLY. EXPECTING NOTIFICATION AT ANY TIME. HOWEVER, ON TUESDAY 19TH JAN.2016 GIPSA GOVERNING BODY MEETING HELD AT 'GOA'. PAYMENT DATE MAY BE DECIDED BY GIPSA AUTHORITY.""..."" NEXT ROUND OF DISCUSSIONS WITH GIPSA ON 04TH, 5TH & 6TH nOV., 2015 AT HOTEL GOLCONDA,HYDERABAD- NFGIE SLOT FOR DISCUSSIONS ON WAGE REVISION WITH GIPSA AT 2 PM ON 04.11.2015""...""Received a call from Mr A K Singhal, Advisor, GIPSA to our National Federation General Secretary, Mr P S Bajpai regarding the next round of Wage Talks on 29th October 2015 (Thursday) at Mumbai. Detailed Circular follows.""..."" We have been informed by Mr. Vasant Khande,Mumbai that Mr. Ashish Shelar,MLA and BJP President of Mumbai is going to attend our NFGIE conference on 1st October,2015 in Chennai""...""Wage revision and Pension Option – Programme of Agitation::: 1. Lunch Hour demonstrations in all centres on 15th and 23rd September.2. Signature campaign (memorandum addressed to Finance Minister) to complete by 23rdSeptember.;3. No late sitting in offices and no work on Saturdays, Sundays and Holidays w.e.f. 23rd September, 2015;4. Joint Employees meetings in all offices to campaign;5. Perspective of strike actions in October ""......"23RD JULY IS NEW INDIA'S FOUNDATION DAY(23RD JULY, 1919). ON THIS HAPPY OCCASSION, LET ALL NEW INDIANS TO RE-DEDICATE THEMSELVES ONCE AGAIN TO BRING BACK IT'S GLORY AND TO RETAIN NO.1 POSITION WITH PROFITS




""NEW INDIA ASSURANCE BEATS COMPETITION, GETS $9.5 BILLION AIR INDIA DEAL. One of India’s biggest public sector general insurer, New India Assurance (NIA) led consortium of public sector insurance companies has been awarded the contract to insure Air India’s huge fleet of 126 aircrafts worth 9.5 billion dollars. The consortium outbid the tender submitted by private general insurance companies, for this contract floated by Air India. NIA will insure Air India for 9.5 billion insurance cover for a premium of $22.5 million, which would be a one of the biggest aircraft insurance deals in the whole of Southeast Asia. PSU insurers continue to insure Air India for 4th year in a row"".....""Thank u all for staging a successful DHARNA today (06.7.2015) all over India as part of JFTU programme. At Mumbai we met Chairman GIPSA who informed that ministry is insisting on wage settlement on bank line only. Still they are pursuing with the ministry for getting sanction for a better package for PSGI Companies citing various factors. Due to this GIPSA is delaying resumption of wage negotiation. More stringent TU action is needed by JFTU against Ministry of Finance stand. JFTU will decide its further programme....Than 'Q'...Sujit Bagchi,General Secretary, "NFGIE""...""


TOTAL WEB VIEWERS

Saturday, March 26, 2011

RESERVATION IN PROMOTION - TREATMENT OF SC/ST CANDIDATES PROMOTED ON THEIR OWN MERIT

Dear Friends,
We reproduce  the following Circulars issued by the Government of India,  Ministry of Personnel, Public Grievances and Pensions, Department of Personnel and Training, North Block, New Delhi- 110001 - for information of all concerned.
No.36012/45/2005-Estt. (Res.),
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
North Block
New Delhi- 110001.
Dated the 10th August. 2010.

                                    OFFICE MEMORANDUM

Subject: Reservation in promotion – Treatment of SC/ST candidates promoted on their own merit.
The undersigned is directed to refer to this Department’s O.M.No.36028/17/2001-Estt(Res.) dated 11th July, 2002 which clarified that SC/ST candidates appointed by promotion on their own merit and not owing to reservation or relaxation of qualifications will be adjusted against un-reserved points of the reservation roster and not against reserved points. It was subsequently clarified by this Department’s O.M. No.36028/17/2001- Estt. (Res.) dated 31.1.2005 that the above referred O.M. took effect from 11.7.2002 and that concept of own merit did not apply to the promotions made by non-selection method.

2. Central Administration Tribunal, Madras Bench in O.A. No.900/2005 [S. Kalugasalamoorthy v/s. Union of India & Others] has set aside the O.M.No.36028/17/2001-Estt. (Res.) dated 31.1.2005 and held that when a person is selected on the basis of his own seniority. the scope of considering and counting him against quota reserved for SCs does not arise. The High Court of judicature at Madras in the matter of UOI v/s.S. Kalugasalamoorthy [ WP No.15926/2007 ] has upheld the decision of the Central Administrative Tribunal.

3. The matter has been examined in the light of the above referred judgments and it has been decided to withdraw O.M. No. 36028/17/2001- Estt. (Res.) dated 31.1.2005 referred to above. It is clarified that SC/ST candidates appointed by promotion on their own merit and seniority and not owing to reservation or relaxation of qualifications will be adjusted against unreserved points of reservation roster. irrespective of the fact whether the promotion is made by selection method or non-selection method. These orders will take effect from 2.7.1997. the date on which post based reservation was introduced.

4. These instructions may be brought to the notice of all concerned.

sd/-
(K.G.Verma)
Director
Original Copy
...............EDITOR

GENERAL INSURERS' GROSS PREMIUM INCOME UP TO 22.6%

DEAR  FRIENDS,

The gross premium income of the general insurance industry grew 22.6 per cent in February, as compared to the year-ago period.

According to the data collated by insurers, the industry collected Rs 3,403.9 crore by writing new policies, as against Rs 2,775.8 crore last year. However, compared to January, when the industry collected Rs 3,692.3 crore, the gross premium income dipped 7.8 per cent.

While, at Rs 1,463.2 crore, private players outshone their public sector peers, registering growth of 26.3 per cent, the latter collected a premium of Rs 1,940.7 crore — up 22.6 per cent.

During April-February, at Rs 37,909 crore, the industry recorded growth of 22.5 per cent in the gross premium income, as against Rs 30,942 crore reported in the same period a year ago.

The four public sector players collected premiums worth Rs 22,051 crore — up 20.97 per cent. The private players grew 24.73 per cent to Rs 15,857.9 crore.

....Editor








Monday, March 14, 2011

PARA 13.2 PROMOTIONS- CHENNAI HIGH COURT CASE

DEAR FRIENDS,

WE ARE PLEASED TO INFORM YOU THAT, IT IS RELIABLY LEARNT THAT THE INTERVIEWS FOR THE LEFT OUT CANDIDATES (SOUTH ZONE) AS PER HON'BLE HIGHT COURT DIRECTION, WILL BE CONDUCTED TENTATIVELY IN THE NEXT WEEK OF THIS MONTH. THE EXACT DATE WILL BE KNOWN BEFORE THIS FRIDAY 18TH MARCH, 2011.

THE RESULTS ARE LIKELY TO BE DECALRED IMMEDIATELY AFTER COMPLETION OF INTERVIEWS.

ALSO UNDERSTAND FROM THE RELIABLE SOURCES THAT THE SELECTED CANDIDATES MAY BE ASKED TO REPORT IN THE PROMOTED CADRE ON OR BEFORE 31ST MARCH, 2011, BY THE MANAGEMENT. THIS IS FOR YOUR INFORMATION, PLEASE.

WITH WARM GREETINGS,
WITH REGARDS,
M. HANUMANTHA RAO    T. GOPALA KRISHNA
                                        PRESIDENT            GENERAL SECRETARY

Sunday, March 6, 2011

RECRUITMENT OF ADMN. OFFICERS (SCALE-1) IN NEW INDIA ASSURANCE

DEAR VIEWERS,
Applications are invited from Indian Citizens for the post of Administrative Officer (Scale I) - Probationary, in Specialized disciplines and as Generalists.
(I) Total No. of vacancies
Sl.  Group   Code        Specialist Discipline           No. of Vacancies

1     A-1       01          Information Technology              40
2     A-2       02         Actuary                                    25
3     A-3       03         Accounts/CA                             25
4     B          04          Generalists                             289

Category     SC  ST  OBC   Unreserved    Total   PWD **
Vacancies   57    28   102        192          379     4

Reservation for released Emergency Commissioned Officers (ECO), Short Service and Retrenched Commissioned Officers (SSRCO) and Persons with Disabilities (PWD) candidates shall be as per rules.

** 4 vacancies for Persons with Disabilities (PWD) are included in the total vacancies of 379 mentioned above.
Application/s complete in all respects together with enclosures as mentioned above must reach by ordinary post on or before 28.03.2011 at the following address :

Post BagNo. 2281, Chanakyapuri, Post Office, New Delhi –110021
Application once made will not be allowed to be withdrawn and fee/s paid shall not be refunded under any circumstances.
Application Fee:  

A Crossed Bank Draft of Rs.500/- ( Rs.150/- for SC/ST candidates and Persons With Disability) valid for Six months, purchased from any branch of any Nationalized Bank or Scheduled Bank drawn in favour of ‘THE NEW INDIA ASSURANCE COMPANY LTD.’ payable at Mumbai, should be attached with the application form. Candidates should write their Name and Address, Group and Code No. on the reverse of the Bank Draft. Candidates applying for two Groups should pay examination fee of Rs.700/- or Rs.200/-, as the case may be, through a crossed bank draft. Fee paid through postal order/money order will not be accepted. Application received with defective bank draft shall be liable for rejection. Candidates are, therefore, advised to check if the bank draft is in order particularly a) date of issue b) signature of the bank authorities c) address of the bank/branch d) Amount (Rs.500/- or Rs.150/-) in words and figures and e) favouring The New India Assurance Co. Ltd. payable at Mumbai valid for six months. No Examination Fee is required for confirmed employees of The New India Assurance Company Limited., applying for the post.

If a candidate applies for two Groups as prescribed above and pays examination fee for only one Group i.e. Rs.500/- or Rs.150/-, as the case may be, his/her candidature will be considered for Group B only.

 Date of written examination: 22.05.2011

FOR MORE DETAILS PLEASE LOG IN TO http://newindia.co.in
 
....... EDITOR

Friday, March 4, 2011

"" FLASH "" "" FLASH"" - CHENNAI HIGH COURT CASE - PARA 13.2

DEAR FRIENDS,
JUST NOW WE HAVE RECEIVED A COMMUNICATION FROM OUR LEADERS FROM CHENNAI THAT THE   LONG AWAITED JUDGEMENT HAS BEEN PRONOUNCED BY THE HON'BLE CHENNAI HIGH COURT  TODAY (.) FURTHER LEARNT THAT THE HON'BLE COURT HAS DIRECTED THE NEW INDIA MANAGEMENT  TO CALL ALL THE LEFT OUT CANDIDATES UNDER PARA 13.2 FOR THE INTERVIEW, WITH IN A FEW DAYS FROM NOW (.)

MORE DETAILS FOLLOWS.
WITH REGARDS,
YOURS-IN-SERVICE,
M. HANUMANTHA RAO        T. GOPALA KRISHNA
         PRESIDENT                 GENERAL SECRETARY

Wednesday, March 2, 2011

HOMAGE TO DEPARTED GREAT LEADER "NANI MOHAN SAHA" - GICEU-EASTERN ZONE

Dear Members,

Debasish Banerjee from GICEU-EZ, KOLKATTA has sent a link to our Union blog today, which reads as follows: 


"" OUR BELOVED LEADER AND MENTOR OF OUR GIC EMPLOYEES' UNION EZ, NANI MOHAN SAHA EXPIRED ON 24TH FEB, 2011 AT 2.45 PM. WE PRAY OUR HOMAGE TO THE GREAT LEADER. HE FOUGHT FOR THE UPLIFTMENT OF OUR EMPLOYEES SINCE 1955.""
---
WE REALLY SHOCKED TO KNOW ABOUT THE SUDDEN DEMISE OF SUCH A GREAT AND DYNAMIC LEADER, WHO REALLY FOUGHT TO PROTECT THE RIGHTS AND BENEFITS OF WORKING CLASS OF GENERAL INSURANCE INDUSTRY.

ON BEHALF OF ENTIRE GIC EMPLOYEES UNION-ANDHRA PRADESH UNIT, WE EXPRESS OUR DEEP SORROW AND PAY A RESPECTFUL HOMAGE WITH SALUTATIONS TO THE DEPARTED GREAT  LEADER "NANI MOHAN SAHA", WHO REACHED HIS LAST ABODE.  WE ALWAYS REMEMBER HIM AS  " NANI DHA". 
With Deepest Condolences to the bereaved family members.
 
M. HANUMANTHA RAO           T. GOPALA KISHNA
              PRESIDENT                 GENERAL SECRETARY

Tuesday, March 1, 2011

NO I.T. RETURNS FOR SALARIED PEOPLE WITH INCOME BELOW Rs.5 LAKH

Dear Viewers,
The following are the a few highlight in Finance Bill,2011.
1. Salaried people,may be up to Rs.5 Lakh, need not file the Income Tax return. Form-16 issued to employees will be treated as Inome Tax Return.
2. Every person whose income exceeds the taxable limit is presently required to file returns.
3. Tax Exemptionlimit or individual tax payers aised om Rs.1.60 Lakh to Rs.1.8 Lakh, giving tax relief of Rs.2,000/-.
4. Exemption limit raised for Senior Ciizens from Rs.2.4 Lakh o Rs.2.5 Lakh; the qualiying age for the rebate reduced from 65 to 60.
5. Higher exemption limit for very Senior Citizens (80 years and above) at Rs.5 lakh.
6. Additional deduction of Rs.20,000/- for investment in long-term infrastucture bonds to be extended for one more year.

A) Basic Slab for Men: Earlier under the age of 65 years, now under 60 years.
 Upto Rs.1,80,000/-                                             NIL
Rs.1,80,001/- to Rs.5,00,000/-                             10%
Rs.5,00,001/- to Rs.8,00,000/-                             20%
AboveRs.8,00,001/-                                            30%
B) Basic Slabs for Women : Earlier under the ageof 65 year,now under 60 years.
Upto Rs.1,90,000/-                                              NIL
Rs.1,90,001/- to Rs.5,00,000/-                             10%
Rs.5,00,001/- to Rs.8,00,000/-                             20%
AboveRs.8,00,001/-                                            30%
C) Slabs for Senior Citizens: Earlier over the age of 65 years, now 60 to 80 years.
 Upto Rs.2,50,000/-                                             NIL
Rs.2,50,001/- to Rs.5,00,000/-                              10%
Rs.5,00,001/- to Rs.8,00,000/-                              20%
AboveRs.8,00,001/-                                             30%
D) Slabs for "Very" Senior Citizens: Now category over age of 80 years.
Upto Rs.5,00,000/-                                              NIL
Rs.5,00,001/- to Rs.8,00,000/-                              20%
Rs.8,00,001/- and above                                      30%
The above information provided for the benefit of all concened.
..... EDITOR

CONSUMER PRICE INDEX UP BY 3 (THREE) POINTS

DEAR FRIENDS,

ALL INDIA CONSUMER PRICE INDEX HAS ROSE BY 3 (THREE) POINTS I.E. FROM EXISTING 185 POINTS (DEC.,2010) TO 188 POINTS (JAN,2011).  IF THE SAME INDEX IS CONTINUED FOR FEB & MARCHH, 2011, THE EMPLOYEES IN PSU's WILL GET 30 SLABS D.A. W.E.F. 01ST MAY, 2011 ONWARDS.

THIS IS FOR YOUR INFORMATION.

WITH REGARDS,
YOURS-IN-SERICE,
M. HANUMANTHA RAO           T. GOPALA KRISHNA
      PRESIDENT                       GENERAL SECRETARY