A JOURNEY TOWARDS TRUTH, PEACE .

FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS     President  :     N.P. Bali 705, Sur, Veena Saaz, Thakur Complex, Kandivali (East), Mumbai - 400 101 Mob : 9820324213 Email Id -  npbali@hotmail.com General Secretary :      D Krishnan No.6/1, Sreshta Riverside Apartments, Wood Creek Road, Nandambakkam, Chennai - 600089 Tel : 9176635967 / 044 42850049. Email Id -  dkrishnan1@gmail.com E circular No.DK/34                                                   27-07-2020       Friends, Reg: AGM of units, MOU of Bank employees, etc.. 1.   The Lucknow Association has taken a very original kind of decision regarding the General Body Meeting for the year just over. They have by Circulation obtained approval for the same Executive Committee to continue for one more year. They have also taken care to circulate the un-audited Accounts for the last year. They should have also circulated a Report of the Secretary for the ye

Mann Ki Baat 2.0 English rendering of PM’s address in the 14th Episode of ‘Mann Ki Baat 2.0’ on 26.07.2020 Release Prime Minister's Office English rendering of PM’s address in the 14th Episode of ‘Mann Ki Baat 2.0’ on 26.07.2020 Posted Date:- Jul 26, 2020 My dear countrymen, Namaskar. Today, is the 26 th  of July, a very special day…It is Kargil Vijay Diwas. It was on this very day 21 years ago, our Army unfurled the flag of victory in the battle of Kargil. Friends, India can never forget the circumstances under which the battle of Kargil took place. Pakistan had embarked upon this misadventure, nursing delusions of encroaching upon Indian soil, to distract attention from the internal strife prevailing there. India was then in the process of making efforts to foster good relations with Pakistan. But as it is said, "बयरु अकारन सब काहू सों। जो कर हित अनहित ताहू सों।।" Which means, to the wicked, enmity with one and all for no reason com

FEDERATION OF RETIRED LIC CLASS I OFFICERS' FASSOCIATIONS     24-07-2020 Respected Madam Nirmalaji, Reg:  Govt. Decision on  LIC _ IPO We the Retired Class I Officers of LIC Would like to submit, that the Decision taken by the Govt. of India, to dilute the ownership of LIC by offering Shares in the open market, is not a well conceived step. The Retired Officers feel strongly  on this matter, since this Organization has done extremely well over the years, and is rightly referred to as the jewel in the Crown of the Public Sector in India. Changing its ownership structure at this stage,  is to virtually disregard the excellent standards built up by successive Teams of staff and field workers to make LIC a 'Kamdhenu' or 'Kalpavruksha' for the Govt. of India, at all times. It has yielded to the coffers of the country, disproportionately high returns in terms of yearly Profits, on the small investment made into it. The LIC has acted as an effective handle to

FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS            President   :     N.P. Bali 705, Sur, Veena Saaz, Thakur Complex, Kandivali (East), Mumbai - 400 101 Mob : 9820324213 Email Id -  npbali@hotmail.com General Secretary :      D Krishnan No.6/1, Sreshta Riverside Apartments, Wood Creek Road, Nandambakkam, Chennai - 600089 Tel : 9176635967 / 044 42850049. Email Id -  dkrishnan1@gmail.com E circular No.DK/33                                                   24-07-2020 ,      Friends         Letter to Finance Minister ... This  Circular , DK --33 , is issued mainly to tell you that the Letter to the FM, Smt Nirmala Sitharaman  has been sent by E-mail today. The copy of the letter is the main purpose of this Circular.. .. So here it is :   ================================================================== FEDERATION OF RETIRED LIC CLA

The long awaited wage revision for employees of banks w.e.f 2017 appears to have been cleared at last with the signing of an MOU between IBA and employees'  organisations on 22/7.  While some of the major apex bodies of employees have been parties to the MOU one major outfit had REPORTEDLY abstained from signing. Still it is hoped that the matter will go through as the govt would not like to prolong the matter and retard anymore of the role of the banking sector in their plans of lifting the economy which is perceivably sagging after the advent of covid 19 and the consequential prolonged lockdowns. One of the accepted items which is of interest to the pensioners is the one relating to family pension.It is claimed that FP will be 30% of last drawn pay without ceiling. Some of the leaders of Insurance Pensioners' organisations have also already hailed the offer. It will however be pertinent to know that the dissenting apex body insisted on this commitment o