AIIEA was very weak from the day of its formation in1950 till LIC came on 1.9.56. Most of the workers were afraid to join any TU in most of the private Insurers as the employers were exploiting them for long hours with very low wages without security of the job. 85% workers joined TU only after hire and fire policy was removed(in PSUs) on Nationalisation and made it a mighty one. Nationalisation of Insurance and Imperial bank(SBI) was done on Soviet model to provide funds for five year plans and there is no evidence Aiiea was able to launch a movement for it. Only after forming of 33 divisions in LIC Aiiea was able to fight successfully standardisation of pay scales in 1957 with its members aggregated in huge members as against more than 1000s of offices from 245 insurers. Even after better wages workers from 450 branches were disorganised as there was no unity who came from different cultures of 245 insurers. TU leaders from 33 divisions had to visit 450 places many times with small numbers at branches to make AIIea a mighty one. These transferred employees and huge recruitment in 1957 onwards were pillars to make these leaders a CULT. They were misguided during agitation against inferior mainframes in 1960s on false fear of retrenchment and later there was no passive agitation for pension and promotion like SBI. Further they were destined to retire at the entry level job with no pension and lost TU rights under sec 48 of LIC act 1981.For 44 years workers of very successful LIC had to depend on the benefits of ripples from bankrupt PSBs under Bi-Partite rights through the generosity of DFS. It is called KARMA.
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AIIEA was very weak from the day of its formation in1950 till LIC came on 1.9.56. Most of the workers were afraid to join any TU in most of the private Insurers as the employers were exploiting them for long hours with very low wages without security of the job. 85% workers joined TU only after hire and fire policy was removed(in PSUs) on Nationalisation and made it a mighty one. Nationalisation of Insurance and Imperial bank(SBI) was done on Soviet model to provide funds for five year plans and there is no evidence Aiiea was able to launch a movement for it. Only after forming of 33 divisions in LIC Aiiea was able to fight successfully standardisation of pay scales in 1957 with its members aggregated in huge members as against more than 1000s of offices from 245 insurers. Even after better wages workers from 450 branches were disorganised as there was no unity who came from different cultures of 245 insurers. TU leaders from 33 divisions had to visit 450 places many times with small numbers at branches to make AIIea a mighty one. These transferred employees and huge recruitment in 1957 onwards were pillars to make these leaders a CULT. They were misguided during agitation against inferior mainframes in 1960s on false fear of retrenchment and later there was no passive agitation for pension and promotion like SBI. Further they were destined to retire at the entry level job with no pension and lost TU rights under sec 48 of LIC act 1981.For 44 years workers of very successful LIC had to depend on the benefits of ripples from bankrupt PSBs under Bi-Partite rights through the generosity of DFS. It is called KARMA.
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