LIC / GIC Wage revision : Notification soon
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.