Home > District News > Balasore  :: Bookmark News Last Updated : Fri, 28 Nov 2014 20:34:00 IST rss feed
5 / 5 (1 Votes)

LIC field workers to stage protest at Delhi

Tue, 04 Mar 2008 17:02:00
According to the state unit of NFIFWI, while the field workers in the private insurance sector are thriving, the development officers of LIC are neglected a lot, even though the later give more business than any other insurance agencies.
By  
Hemant Kumar Rout
No photo
Balasore, March 4 (Odisha.in) In protest against the apathetic attitude towards the field workers of Life Insurance Corporation (LIC) of India, the National Federation of Insurance Field Workers of India (NFIFWI) has decided to stage a demonstration before the Parliament on Wednesday.

According to the state unit of NFIFWI, while the field workers in the private insurance sector are thriving, the development officers of LIC are neglected a lot, even though the later give more business than any other insurance agencies.

"We are proposing the demonstration and parliament march with the demand that the development officers of LIC be strengthened to fight the competition from private sector," said Biranchi Narayan Dash, president Cuttack divisional association of NFIFWI.

"We would highlight the anti-customer attitude and management decision, which is destroying the marketing force of LIC and there by derailing it," he said.

Dash alleged that in August 2004, the LIC management drastically reduced the income and working expenses of the field force through a unilaterally imposed growth oriented incentives bonus (GOIB) scheme 2004.

"Apart from the denial of expenses, the fall in income due to the scheme was 50-90 percent. At the time of introduction of the scheme, LIC management had claimed that this was being done to increase the market share from 88 to 95 percent but the result was a futher decline of 24 percent i.e from 88 to 64 percent. Now they are trying to unilaterally change the service conditions adversely and inflict losses," he said.

"In January this year they also imposed a scheme without a fair and reasonable review of GOIB scheme 2004," he claimed.

Strongly opposing the FDI in insurance sector, the association claimed that it was the government's plea to appease private insurance companies.

"We also protest the move to remove sovereign guarantee given for LIC policies which is the only security measures available to a citizen of India," Dash added.

Though the federation members have approached the finance ministry several times earlier to intervene and find an amicable solution with the LIC management but all their representations fell on deaf ears.

Odisha.in

Other News In Home > District News > Balasore
Balasore police busts inter-state dacoity gang
March 11th, 2008
Police also have arrested a person for purchasing stolen valuables from them and seized six mobiles, five silver coins and weapons used in the crimes.
Villagers clash with policemen over rape and murder of minor
March 2nd, 2008
The incident took place at Haldipada outpost, five km from Balasore town, a portion of NH-5 turned to a battle ground for more than an hour following the police-people clash. Hundreds of vehicles were stranded till police chased away the mob.
Dey comes to the rescue of Manmohan
February 27th, 2008
The records containing the releasing of such funds don't go to the minister's table. FDR grant is distributed by a committee of task force, headed by the Chief Secretary with the Special Relief Commissioner (SRC) as a member.
Tender floated after execution of work
February 27th, 2008
The notice, tenders for 47 roads have been called including the seven executed projects.
Flood damage assitances given to non-flood areas: Swain
February 26th, 2008
"What is astonishing that no severe damage was reported in these two areas during the last year floods in comparison to other parts. Areas like Jaleswar which were hit by consecutive four floods are yet to get proper attention," he pointed out.
Gang raped dalit woman dies
February 26th, 2008
According to the FIR lodged by her husband Jatia Dalai, his wife was ganged raped by four youths, also from the same community of the said village while she was returning home after selling fishes.
Preserve socio-cultural heritages: Governor
February 24th, 2008
Bhandare was here to address the fourth convocation ceremony of Fakir Mohan University at its new campus Jnan Vijnan Vihar in Nuapadhi.
Insult to governor in the convocation of University
February 23rd, 2008
While the national anthem couldn't be played properly at the arrival of Governor M C Bhanadare due to the failure of public address system provided by the district information and public relations department.
Eight dacoits arrested by Balasore police
February 14th, 2008
They all were remanded to judicial custody after their bail pleas were rejected.
Latest 5 Photo Gallery On Odisha More On Odisha Photo Gallery
POST YOUR COMMENTS OTHER TOP NEWS ON ODISHA
Your Name:
Your Email: (Will Not Be Published)
Subject:
Comment Text: (500 Character maximum)
For Longer Than 50 Words Please Send It Through Email To odisha@gmail.com



Please note that in order to Submit your comment you would need to Enter The CaSe SenSItIve Security Image CODE in the Box above the code. If you do not see a thank you message after posting, it only means that your comment was not posted so please recheck the security code and Submit again. Comment Form would disappear upon successful posting.
CBI intensifies probe into Biswal-Seashore land deal
During investigation Biswal allegedly produced the copy of an agreement signed by both the parties on a stamp paper to establish that she returned the money. The investigating agency has sent the documents to the laboratory to find out if the claims were true.
November 28th, 2014 | More On Business section
Essar steel commissions pellet complex in Odisha
The complex comprises of iron ore beneficiation facility at Dabuna in the district of Keonjhar, a six million tonne per annum pellet plant at Paradeep in the district of Jagatsinghpur and 253 kms long slurry pipe line.
November 28th, 2014 | More On Business section
14 Holi revellers drowned
The youths aged 18-20 were heavily drunk and paid little heed to the warning issued by the police and took bath in the accident prone area of the river, he pointed out.
March 29th, 2013 | More On Other News section
Odisha CM objects Polavaram project construction work
Referring to various news reports on finalization of tenders for civil works of the project, the chief minister also suggested him that the central government should not allow execution of the project till the conflicting issues are resolved.
March 29th, 2013 | More On Other News section
14 Odisha Holi revellers drowned
Highest ten deaths were reported in and around state capital Bhubaneswar, two persons died in the district of Kendrapara while one each drowned in the district of Nayagarh, and Ganjam, a senior state police officer said.
March 29th, 2013 | More On Other News section
Bhubaneswar sizzles at 41.2 degree Celsius
Large number of people in the affected towns preferred to remain indoor especially when the heat was at pick. Roads also wore a deserted look.
March 26th, 2013 | More On Editorial section
VISITOR COMMENTS ON THIS NEWS
abhishek singhal says...

Sun, 28 Sep 2008 10:36:16 : hello sir,
i am abhishek singhal

i wanna a job. I have done my graduation (BA) in 2008 with 54%marks from Rajasthan unviersty
I am also lic agent in jaipur branch
but sir, i wanna a parmanent job
so pls, can u give a good job

ODISHA Polls

ADVERTISEMENTS/TENDERS
Chhattisgarh News
October 22nd विकास योजनाएं बनाने में राज्यों को स्वायत्तता दी जाए : डॉ. रमन सिंह
October 22nd पुलिया बनने से स्कूली बच्चों की राह हुई आसान
October 15th संजीवनी एक्सप्रेस ने बचायी हजारों लोगों की जिंदगी
October 12th महाराष्ट्र में जैविक खेती का अध्ययन कर रहे हैं छत्तीसगढ़ के किसान
October 12th दीपावली पूर्व मजदूरी भुगतान सुनिष्चित करने के निर्देष
October 12th आपदा जोखिम न्यूनीकरण के लिए आपदा का पूर्व आकलन आवश्यक
October 12th यौन कर्मियों के पुनर्वास के लिए हेल्प लाईन, ऑन लाईन सेवा शुरू
October 8th नक्सल हमले में शहीद जवानों के प्रति राज्यपाल ने शोक व्यक्त किया
October 8th जिला स्तरीय जनसमस्या निवारण शिविर 11 अक्टूबर को छिन्दिया में
October 8th नक्सल बारूदी विस्फोट: मुख्यमंत्री ने की तीव्र निंदा
ADVERTISERS

Read Odisha.com for news

advertisement
© 2004 - 2017 ODISHA Network | NETWORK SITES : odisha.com : 36garh.in : odisha.in | ARCHIVES |