The General Insurance Employees All India Association has stated that the more than 75,000 employees in the sector will go on strike if the Central Government bring the Insurance Bill in the Parliament.
The General Insurance Employees’ All India Association comprises four public sector general insurance companies — National Insurance Company, New India Assurance Company, Oriental Insurance Company and United India Insurance.
The Bill is being brought to increase the FDI in the sector from 26 to 49%, which the employees are opposing vehemently. The move is only to help the corporates both Indian and foreign.
Our solid support and solidarity to the struggle.