This wage revision is effective from August 1, 2017 and applicable to those who were in the service of these companies, it said, adding that officers and employees will get arrears for five years.
About 40,000 employees of the four government owned non-life insurance companies will strike work on Friday demanding wage revision, said a leader of the All India Insurance Employees Association (AIIEA)."About 40,000 or about 80 per cent .
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