""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""...""


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Thursday, June 5, 2014

TMP EXERCISE FOR THE YEAR 2014-2015 FOR CLASS-I

Date: 30.05.2014
To
The General Manager, HRM                                                                                                         
The New India Assurance Co. Ltd.
87 M.G. Road,   Fort
MUMBAI .

RE.:     TMP Exercise for the year 2014-2015 for Class I

This is in reference to the instruction issued by the Corporate HRM to various Regional Heads regarding exercise of TMP for the year 2014-2015 for officers from scale I to scale-IV. 

The Transfer Mobility Policy devised earlier stipulated that a certain percentage of officers posted at a particular station exceeding normal period of posting were supposed to be transferred.  But we understand, since last year some changes have been effected in TMP which however was not communicated to the Unions nor the said change was displayed in the Corporate HRM module of   Company’s  Portal.   May we request you to please let us know the necessity of shifting from the earlier policy .  It may be recalled that on various occasions in the past it has been made explicit that mere transfer for transfer sake without looking into the actual requirement of respective offices under a particular R.O. is not at all conducive to the interest of customer services.  There were many instances which were brought to the notice of Corporate HRM that due to the mechanical implementation of TMP some of the offices had starved of the required   man - power whereas there were posting of excess number of officers   in some other offices.  We hope that when the Company is on path of achieving record growth in terms  of premium income, manpower planning should be appropriately devised based on requirement of each R.O.  Mere centralization of man-power planning may  not be helpful and New India as a Company  ‘ Beyond Leadership  ‘  should be a pioneer  in devising and implementing such  manpower planning to ensure sustained growth in the days ahead.

I am confident, you will also agree mere displacement by way of transfer from one place to another without looking into the actual need would invariably lead to wastage of precious manpower and ultimately productivity will suffer. Needless to add that huge amount of expenditure results in such erratic transfers which can very well be avoided with a prudent act on the part of the Management.

Further,  it is worth mentioning that such transfer in the middle of the academic year invariably cause harassments not only to the officers alone but to the children and  the members of the family  as well resulting disturbance to the  education , since admission to the new schools/colleges  during the mid –     academic sessions is hardly a smooth process . We always suggest  that TMP, if at all required, should be  implemented by end of MARCH – APRIL  each year.
                
Hence, we demand that TMP exercise for the year 2014-15 be withheld  and once again request you to review the whole process.
Thanking you,
Yours faithfully,
(SUJIT BAGCHI)
GENERAL SECRETARY
NFGIE

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