Government Approves Wage and Pension Revisions for Financial Sector Employees
The Central Government has sanctioned a wage and pension revision for the employees and pensioners of Public Sector General Insurance companies (PSGICs), National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI). This initiative aims to enhance social security and financial stability among approximately 46,322 employees, 23,570 pensioners, and 23,260 family pensioners. Significant financial allocations have been made to support these revisions.
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