""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

Tuesday, January 27, 2015

OUT COME OF WAGE NEGOTIATIONS ON 24.01.2015 WITH UNIONS IN L.I.C.

INFORMATION SHARING BY L.I.C. MANAGEMENT

As scheduled, the Information Sharing Session was held with the Unions on 24th January 2015 at World Trade Centre, Mumbai. The management was represented by the Chairman Shri S K Roy, all the Managing Directors ; the officials of CO Personnel ; IT departments. There were no individual discussions on this day. The individual sessions will be held on 11th & 12th of February 2015.

The Managing Directors spoke first. Shri S B Mainak, MD expressed concern over the slackness of market. Smt Usha Sangwan expressed concern over the negative growth in number of policies. She also informed that we were doing well in the areas of Claim settlement ; CC activities. She also said, 'Our biggest strength is people with commitment & integrity.' She assured to be sensitive to the needs of the officers & employees.

Thereafter a presentation on Biometric authentication for data security (not for attendance) was given by Shri Venugopal, ED(IT).  He said that the fingerprints of all the 10 fingers would be taken ; stored in the system. Any one finger can be matched; given access. The standards have been prescribed by the Government.  

Thereafter, the Chairman submitted his views.

The important points of his speech were:-

* Indian economy is a leading one; the most attractive destination for investment worldwide.
* Appealed to keep the office poster free keeping in the sentiment of "Swachch Bharat" campaign.
* Space for notice boards will be provided to all unions.
* Rise in FDI has given opportunity to develop.
* Will work shoulder to shoulder with unions in fulfilling the expectations of customers.
* Extension of cash hours.
* Code of conduct for unions.
* FPI achievement is only 54%; MDRT figures reduced to 50% of last year.
* Products services to be realigned.
* Transfer & mobility policy for Workforce will be circulated ; suggestions invited from unions.

He then offered a wage-rise of 12.5% (revising the earlier offer of 10.5%); appealed the unions not to reject it. He said that improvement was still possible.
............
EDITOR

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