""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, June 27, 2015

23.06.2015

To
The Chairman cum Managing Director
The New India Assurance Co.Ltd.
The New India Assurance Building
87,M.G.Road, Fort
Mumbai - 400001

 Dear Sir,

You may be aware, under the stewardship of former Chairman-cum-Managing Director of the Company, the management of the New India Assurance Co. Ltd under the garb of the Company’s CDA Rules terminated 7 leaders of NFGIE from services of the Company and imposed heavy penalty by way of reduction in pay-scale on 7 other leaders in 2009 for an unfortunate and untoward incident, which took place on 9th October 2007. It may be stated that CDA Rules was specifically amended to initiate the Inquiry Proceedings against the NFGIE leadership. Ultimately, after passing through the ordeal of Appeal and Memorial as provided in the CDA Rules of the Company 6 leaders of NFGIE including its General Secretary, Mr. M. Karthikeyan were terminated. However, out of those terminated only one was reinstated with heavy penalty. It may further be stated that some marginal relief also was granted to others who were previously reinstated in the service with reduction in pay scale.

Sir, you will surely agree that since 2009 said NFGIE officials are going through a harrowing phase of life. Financially and mentally they are totally devastated and their present state of things is beyond description. An eminent personality of your stature can easily imagine the magnitude of sufferings of those victims who have been maintaining their livelihood under severe pecuniary hardship. In the past, the leaders have expressed in clear terms that they were victim of the situation and in fact our the then General Secretary, Mr.M. Karthikeyan also tried his best to prevent the unfortunate incident.

Interestingly, the charges framed, by the Disciplinary Authority in respect of the incident in question as also the police( case No.82/PN/2008-criminal Writ Petition No 4878of 2014- High Court Bombay) are very much identical - set of facts and evidences are similar too. As we learnt, after due process of criminal trial, Hon’ble High court has been pleased to acquit the petitioners of all charges leveled vide its Order dt.18.3.2015.

Upon critical analysis of the criminal case, it is amply established that the alleged guilt against the petitioners remains to be proved beyond reasonable doubt, which led to their acquittal after regular trial with Hon’ble High Court findings that the charges are not proved.  In this backdrop, it would be totally unjust and improper to stand rigidly by the penal action imposed by the Disciplinary Authority.
  
We, therefore, urge upon you to be prudent enough to set aside the order passed by the Disciplinary Authority removing the concerned functionary/ employee, namely Mr. V. R. JADHAV from service of the Company and at the same time effect his reinstatement in service and also provide appropriate relief to the other petitioners of the said criminal Writ Petition No. 4878 of 2014 - Bombay High Court   who are reinstated in the service but with heavy dose of varied degree of reduction in pay scale.

This is a humble appeal to your benevolence to sympathize with fellow brethren who are virtually passing their days under severe financial crunch and untold misery.

Thanking you,
Yours faithfully,
Sd/- xxx xx  xx,
Sujit Baghchi
GENERAL SECRETARY
NFGIE

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