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Insurance employees to observe two day strike 12/8/2018 8:50:41 PM Early Times Report JAMMU, Dec 8: The employees of Life Insurance Corporation (LIC) have decided to observe two days strike on 8th and 9th of January in favour of their demands. According to press release a meeting of employees was held today in which, while initiating the discussions Com. Naveen Chand, General Secretary Northern Zone Insurance Employees Association spoke at length on the political developments in the country and also the challenges before the Trade Union movement arising out of political decisions of the present NDA Government led by Prime Minister Narendra Modi. Explaining in detail the challenges before public sector Insurance industry he cited the performance of public sector LIC in nation building since its nationalisation in 1956. He informed the gathering that as on date LIC has an investment of Rs. 25.15 lakh crore out of which around 20.5 lakh crore is invested in government and secured equity market. The performance of insurance employees is highest amongst the public/private sector. Despite the high performance of the employees, the government of India as a policy matter is denying wage revision to them which has fallen due on 1.8.2017. Govt. of India is also not allowing one more option for pension to about 12000 insurance employees who are left out of the pension scheme. These are the compelling reasons for the insurance employees to be genuinely agitated. Therefore, in order to realise the basic and fundamental demands of LIC employees All India Insurance Employees Associationhas taken a decision to give a call to join on 8th - 9th January 2019 nationwide strike by all the workers, peasants, students, women and other sections of the society. He appealed to make this strike a thunderous success. The meeting was presided over by Com. Muzaffer Ahmad Wani, joint secretary NZIEA Srinagar Division and conducted by Com. Pawan Gupta, Divisional Secretary of Northern Zone Insurance Employees' Association, Srinagar Division. Others who spoke on occasion Ramesh Chand, Rajesh Gupta(Joint secretary), Raj Kumar(Treasurer), Ajaz Ahmad, Dinesh Kumar Sharma, Bashir Ahmad, Fyaz Gul, Rajesh Kumar, and others.   Share This News with Your Friends on Social Network     Comment on this Story

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