Govt approves wage and pension hikes for PSGICs, NABARD, and RBI

‘The Central Government has officially approved wage and pension revisions for employees and retirees of Public Sector General Insurance Companies (PSGICs), the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI).

- AGENCIES

Government has officially approved wage and pension revisions for employees and retirees of PSGICs

This decision is expected to benefit approximately 46,322 employees and over 46,000 pensioners and family pensioners across these institutions. According to the government, the move “reflects Government's continued commitment and emphasis on social security and financial well-being of employees and pensioners.”