About 58,000 employees in the government owned general insurance and reinsurance companies are on
strike on Friday demanding wage revision, said a top official of
Joint Forum of Trade Unions and Associations (JFTU).
"With wage settlement pending for the past five years, about 58,000 employees in the government owned four general insurance and reinsurance companies are striking work on Friday,"
Girish Khurana National Convener told IANS.
"The wage revision is pending since August 1, 2017. We have been regularly taking this up with the
Department of Financial Services (DFS) and the management of the public sector general insurance companies for early wage revision and other aspects," Khurana added.
The companies are -- The
Oriental Insurance Company Limited,
National Insurance Company Limited, The
New India Assurance Company Limited,
United India Insurance Company Limited and
General Insurance Corporation of India (GIC Re).
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