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Uttarakhand News : More Than 80 Thousand Teachers And Employees Salary Released For Last Month - उत्तराखंड : 80 हजार से अधिक शिक्षकों व कर्मचारियों का पिछले माह का रुका वेतन जारी
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Work paralysed in LIC offices due to employees strike
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LIC officers, employees oppose IPO, hike in FDI
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LIC IPO, FDI limit hike opposed
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Excelsior Correspondent
JAMMU, Feb 8: As per the joint call of Federation of Class-1 Officers’ Association, National Federation of Insurance Field Workers of India (NFIFWI) and All India Insurance Employees’ Association (AIIEA), LIC employees of Jammu & Kashmir held massive demonstrations during lunch recess today in front of LIC offices to express their strong resentment against the proposals of the Union Budget 2021-2022 presented by the Union Finance Minister on February 1, 2021.
The unions were represented and led by Vijay Khajuria from class-1 Federation, Rakesh Magotra from NFIFWI and Pawan Gupta from Northern Zone Insurance Employees’ Association. The leaders said that the Union Budget announced by the Finance Minister on February 1, 2021 proposes to amend the Insurance Act 1938 to increase FDI in the insurance sector from 49% to 74% and allow foreign ownership in insurance with some safeguards. She announced her plans to privatise one general insurance company along w