Govt approves wage revision of PSU general insurers, NABARD, RBI employees, pensioners

The central government has approved significant wage and pension revisions. This benefits over 46,000 employees and 23,000 pensioners across PSU General Insurance companies, NABARD, and RBI. Wage revisions for PSU General Insurance companies are effective from August 1, 2022. NABARD's payment revision starts November 1, 2022. RBI and NABARD retirees will see pension enhancements from November 1, 2022.