Excellent news for LIC brokers, staff as Centre approves welfare measures. Examine particulars – जगत न्यूज

The finance ministry on Monday unveiled a collection of welfare measures for the good thing about brokers and staff of the Life Insurance coverage Company of India (LIC). In response to a press release by the ministry, the measures are associated to the amendments to LIC (Brokers) Rules, 2017, enhancement of the gratuity restrict, and uniform fee of household pension amongst others.

LIC constructing (Picture: Mint)

“Greater than 13 lakh brokers and greater than 1 lakh common staff, who play a pivotal position within the progress of LIC and deepening of insurance coverage penetration in India, will profit from these welfare measures,” the ministry mentioned within the assertion.

On Thursday, the LIC offered a dividend cheque of 1,831.09 crore to finance minister Nirmala Sitharaman. In an image posted by the finance minister’s workplace on X, previously often called Twitter, LIC chairman Siddhartha Mohanty may be seen presenting the dividend cheque as the federal government’s share of dividend within the presence of division of monetary companies extra secretary MP Tangirala.

Notably, the dividend was accepted by the shareholders within the annual common assembly held on August 22.

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