It
is learnt from reliable sources that the wage revision proposal of LIC and GIC
has been approved by Govt. of India and sent to law ministry for vetting. As
per the recent update, law ministry did not raise any objection regarding the
proposal. It is widely expected that notification is likely to be issued very
soon, probably within Christmas. Notification of five day's week for LIC
employees will follow thereafter.
Christmas is over,New Year has come but no where about of wage revision's notification. Where it got stuck ????
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