Unions oppose performance linked wages; demand merger of PSU general insurers

It is a matter of serious concern that the public sector general insurance companies who gave handsome profits and dividends for the years from 2012 to 2017 and successfully implemented various Government Social Security Schemes like Ayushman Bharat, Pradhan Mantri Fasal Bima Yojana, Corona Kawach policy, are not given proper wage hike. The PSGIs during the period of 2012 to 2017 contributed more than Rs 10,000 crore as dividends to the government, it claimed.

from Banking/Finance-Industry-Economic Times https://ift.tt/jrcmOPR