NCLAT: Can Seek Eviction of Tenant from Corporate Debtor's Property under Tenancy Law  ||  NCLAT: For Calculating Limitation Period, Period from 15.3.2020 to 28.2.2022 shall stand excluded  ||  NCLAT: Adjudicating Authority Can’t Decide Workers' Claims for Layoff Period Dues under ID Act  ||  NCLAT: While Dismissing Appeal for Non-Prosecu., Adj. Authority Can’t Direct Dismissal on Merits Too  ||  NCLAT: Claims Subsequent to Cut-off Date to be Dealt as Per RP by Adjudicating Authority  ||  NCLAT Upholds Canara Bank’s Claims for Loans Advanced to CD on behalf of Homebuyers  ||  Allahabad HC Stays Criminal Proceedings on Ground of Inordinate Delay Caused by State  ||  Ker. HC Declares Rule 12(9) of the Kerala Paddy Land and Wetland Rules as Ultra Vires  ||  Del. HC: Support to Terrorist Organisation through Money or Networking is Prohibited under UAPA  ||  HP HC: Mentioning of Wong Provision Not Fatal to Application    

Cabinet approves introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of India- (Press Information Bureau) (10 Aug 2016)

MANU/PIBU/0678/2016

Service

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of India (FCI) as per guidelines of Department of Public Enterprises (DPE).

The annual financial implication for both schemes combined would be around Rs. 134.4 crore at present level of salaries of the employees. FCI was established in 1965 under the Food Corporations Act, 1964 for the purpose of procurement, storage, distribution and sale of foodgrains and other foodstuffs. Over the years it has played a pivotal role in achieving the objective of food security for the country. Given its strategic importance, size of operations and other parameters, FCI has been recognised as Schedule 'A' Central Public Sector Enterprises (CPSEs).

Tags : PENSION AND POST-RETIREMENT MEDICAL SCHEMES   APPROVAL  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved