Plea to restore public sector character of insurance sector

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The General Insurance Employees Association, South Zone, has handed 10 resolutions at its 18th triennial convention held in Madurai on September 25 and 26. The affiliation condemned the Union authorities’s transfer to privatise the public sector insurance business.

The members of the affiliation have urged the Union authorities to repeal the General Insurance Business Nationalisation Amendment Act which envisages privatisation of public sector common insurance firms (PSGI), they mentioned.

They mentioned the federal government ought to restore the public sector character of the PSGI Industry. The authorities also needs to drop the proposals to scale back the quantity of workplaces and as a substitute they need to be strengthened by means of new recruitment.

Many Class IV cadre employees have been serving with out promotion. Eligibility checks ought to be performed instantly or they need to be promoted to the cadre of Assistant as a one-time measure, they mentioned.

They additionally complained that recruitment of Class III staff had not been accomplished since 2018. The recruitment of new staff ought to begin instantly. The members urged the federal government to improve the minimal wages underneath the Minimum Wages Act.

Touching upon social points, the members urged the Union authorities to safeguard the secular and socialist character of the nation and put an finish to social evils akin to untouchability and guide scavenging.



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