""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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Friday, July 17, 2015

Merger of Four PSGI Companies into a single Corporation.

From: V K Tandon <vktandon@orientalinsurance.co.in>
Date: Thu, Jul 16, 2015 at 4:58 PM
Subject: HOLDING OF STATTE LEVEL CONVENTION UNDER THE BANNER OF JTFU AT MUMBAI ON 17TH JULY-2015
To: Sujit Bagchi <sujitbagchi56@gmail.com>, pradeepdharamthok@yahoo.com, Salil Balan <salil.balan@newindia.co.in>

Dear Sh. Dharamthok Ji,
 Please refer to mail of Sh. Sujit Bagchi, Gen.Secretary, NFGIE on above mentioned subject.
I am also of the firm opinion that issue of Merger of Four PSGI Companies into a single Corporation, was never discussed in the meeting of Ist July-2015. Only three issues 1. Resumption of Wage Revision Negotiations 2. One more Pension Option and 3. Revision of Promotion Policy were finalised to be taken by Joint Forum of Trade Unions/Associations in Public Sector General Insurance and Joint Action Agitational Programme was finalised only on these 3 issues.
Organising a State Level Convention under the banner of JTFU in PSGI for the issue which is controversial in nature and NFGIE is always against this, is totally unjustified.
Regards,
V.K.TANDON
ORG.SECRETARY
NFGIE

Dear  Mr. Dharamthok,

I am extremely  surprised to know  that under the banner of Joint Forum of Trade Unions/ Associations in Public Sector General Insurance,   a state level convention is being organised in Mumbai on  17th July, 2015 exclusively on the issue of Merger of Four PSGI Companies into a single Corporation.  I  like to point out that JFTU in its present  form  planned on Ist July 2015 at Delhi with 3 specific demands, namely Resumption of wage Negotiation at GIPSA level , One more option for pension and Revision of Promotion policy. The demand for single Corporation was specifically out of agenda.  I hereby express my strong resentment utilizing the name of JFTU departing from the agreed conclusion of 1st July, 2015 meeting at New Delhi.

Needless to add , that you are at liberty to held any convention on the subject but by not using the name of JFTU in  its present form. 

SUJIT BAGCHI

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