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PSU Salary Hike: Central Govt announces to raise 12% salary of employees of four General Insurance companies

October 16, 2022
The four General Insurance companies, whose employees and officers salaries increased by 12%, are New India Insurance ltd, United India Insurance ltd,  the Oriental Insurance company ltd, and National Insurance company ltd. It will burden Rs 8000 crore on Central Government exchequer.
New Delhi Ministry Of Finance On National Insurance Central Government General Insurance Banking Units
Source: india.com

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