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| Banks, Insurance, Railways employees demand old pension scheme, oppose privatisation | | |  Early Times Report
JAMMU, Dec 24: LIC employees under the banner of Northern Zone Insurance Employees' Association Srinagar Division in the leadership of Com. Pawan Gupta-Divisional Secretary of the Association, organized a joint convention of LIC employees, Jammu Province Bank Employees Federation affiliated to AIBEA(BANK EMPLOYEES) represented by Com. Arun Gupta-General Secretary and Com. Tara Singh -President of the Federation, General Insurance Employees Union (GIC employees) represented by Com. Rakesh Gupta and Com. Bashir, Bank Employees Federation of India (Bank employees) represented by Com. Anil Kumar, All India Insurance Pensioners Association represented by Com. Romesh Chand and Northern Railway Men Union (Railway employees).
The main agenda of the convention was to demand OLD PENSION SCHEME, and to oppose privatization. The convention said that NPS does not provide any social security to the retired employees as it is not a defined benefit scheme; hence this scheme must be scrapped ;and OLD PENSION SCHEME SHOULD BE RESTORED WHICH PROVIDES SOCIAL SECURITY IN OLD AGE , BEING A DEFINED BENEFIT SCHEME. All the speakers expressed their strong resentment against the economic policies of the Central government, which are leading to more and more privatization in one form or the other.
The wholesale selling of the public sector was strongly opposed. The convention raised the issue of contractual employment, temporary employment, and outsourcing in different departments of the government; and said that when the country is facing 45 years highest rate of unemployment, at this juncture, instead of giving regular employment, the government is resorting to such unethical practices.
It is the height that 4G spectrum has not been allowed in BSNL even at the juncture, when the private companies are resorting 5G technique. Most important sectors of economy like Banks, LIC and GIC are on the way of privatization.
The economic policies are aimed and focused to benefit the corporate sector and that too at the cost of common man, farmers, and the working class. Postal employees are also struggling for their hard earned rights. The convention unanimously resolved to fight for implementation of OLD PENSION SCHEME and to fight against privatization of the valuable assets of the country. Com. Rajesh Gupta, Joint Secretary of NZIEA Srinagar Division, presented vote of thanks and congratulated one and all for the success of the convention. He also thanked - Com. Raj Kumar Sharma- Joint SECRETARY NZIEA Srinagar Division, Com. Dinesh Kumar Sharma- Vice President, Rajesh Kumar -Treasurer, Com. Mohan Lal-Auditor, Raj Kumar-Office secretary, for their valuable contribution in arranging the convention. |
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