143rd Issue of EASTERN NEWS- September 202

Sub:143^rd Issue of EASTERN NEWS- September 2025

Respected Members/Readers,

It is our endeavor to share the  activities of  our Association along with new updates with the respected members/ readers  in each month in a time bound manner. On the eve of 69^th   Insurance Week celebration, we attached  the 143^rd issue of e-Magazine Eastern News of September 2025 to .this e-mail..

We expect comments or valuable suggestions as to the contents of the  Magazine from the readers so that we can review and improve it. We propose to publish such comments/suggestions  in "Readers' Page"  in subsequent issue (subject to approval of the Editorial Board). Such opinion/ comments may kindly be addressed to The Editor, Eastern News, and forwarded to e-mail: licretiredofficers@gmail .com .

We wish good health, happiness and peace of mind of all our readers, members and their family as well.

We also wish all our readers SHARAD SUVECHHA on occasion of ensuing DURGA PUJA Festival.

With regards,

Uttam Bandyopadhyay

General Secretary,

LIC Retired Class-I Officers' Association

Mob:8240414561

Click below:-

https://drive.google.com/file/d/1HYj5UHOurwBcnGqjxV-mJq73GmODhy_w/view?usp=drivesdk

9

Ajay Seth takes over as new IRDAI chairman

Subject: Ajay Seth takes over as new IRDAI chairman - Asia Insurance Post

Ajay Seth takes over as new IRDAI chairman - Asia Insurance Post Ajay Seth, chairman, IRDAI Analysts expect Seth to hit the ground running with a massive growth agenda and Insurance for all by 2047, for the Indian insurance sector that generated over Rs 11 trillion premium in FY 25. Hyderabad: Former finance secre

https://asiainsurancepost.com/archives/70558

Forwarded by M Arunachalam 

69 th Anniversary of LIC of India

Quarterly E-MAGAZINE OF FEDERATION OF LIC RETIRED CLASS-1 OFFICERS ASSOCIATIONS

Quarterly E-MAGAZINE OF FEDERATION OF LIC RETIRED CLASS-1 OFFICERS ASSOCIATIONS 

Click below:-

https://drive.google.com/file/d/1GqaOdQJ4V5HFJUAyGF5scbt-wOrn60Dd/view?usp=drivesdk

Meeting with CEO & MD at Indore on 31.08.2025

Today, our CEO cum MD Mr R. Doraiswamy was in Indore  to address CZO HOD's meeting. 

Through Sr DM Indore Mr Prabhat Sahu, Shri Toke requested for some time to felicitate him on his maiden visit to Indore and he was kind enough to agree and informed us to be at Hotel where he would introduce us after the meeting. The meeting prolonged and it was time for his flight and we could meet him at the hotel lobby. 

I felicitated and greeted him well with a floral bouquet on behalf of all members of All India Retired Emloyees' Federation and thanked him for the relief extended to pensioners in mediclaim premium thus increasing the pension. 

Believe me, he on his own said "there are other issues too I know pending at CO and let me see what can be done".                      These words of his surely can be seen as a glimmer of hope by us all. A positive and empathetic approach towards us. A down to earth person suggestive of possessing a humane heart.     -Ranjan DeySarkar                 General Secrerary, 

AIRIEF, Indore

31.08.2025

Warm Greetings to All Ex LICians as well as Working LICians on 69th Anniversary of LIC Today 1st September 2025

 Warm Greetings  to All Ex LICians as well as Working LICians on 69th Anniversary of LIC Today 1st September 2025

69 years journey of LIC from 01.09.1956 to 01.09.2025 explained very nicely 

Feel proud to be an Ex LICian today

=============

Perfect 👍

Here’s a timeline-style history of LIC (1956–2025) for its 69th anniversary:

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📜 LIC of India – Timeline Since 1.9.1956

🔹 1956 – Birth of LIC

1st September 1956: Life Insurance Corporation of India (LIC) established.

Formed by merger of 245 private insurers through the LIC Act, 1956.

Govt. invested ₹5 crore as initial capital.

🔹 1960s – Expansion & Social Mission

Rapid spread of branches across India.

Brought insurance to villages & small towns.

Popularised the idea of insurance as social security, not luxury.

🔹 1970s – Monopoly Strengthens

LIC becomes the sole life insurer in India.

Mobilises public savings for nation-building projects (railways, dams, power plants).

Trust in LIC grows as it turns into a household name.

PIB::मन की बात की 125वीं कड़ी में प्रधानमंत्री के सम्बोधन का मूल पाठ (31.08.2025)

  
मन की बात की 125वीं कड़ी में प्रधानमंत्री के सम्बोधन का मूल पाठ (31.08.2025)
  https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2162401&RegID=3&LID=2

PIB::English rendering of PM’s address in the 125th Episode of ‘Mann Ki Baat’ on 31.08.2025

English rendering of PM's address in the 125th Episode of 'Mann Ki Baat' on 31.08.2025     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2162402&RegID=3&LID=1

Recruitment of Assistant Admintrative Officers Generalist -32nd Batch

Shri R B KISHORE

Dear Kishore Sir,

Your letter is a heartfelt tribute to the CEO & MD of LIC, Shri R. Doraiswamy, on the occasion of LIC's anniversary, expressing gratitude and admiration for the organization's achievements and leadership.

Your  letter highlights LIC's remarkable journey, from its humble beginnings to becoming a world-class organization, earning numerous recognitions.

You have praise for Shri R. Doraiswamy's leadership, approach in resolving issues and driving the organization forward.

Your letter brings to light the grievances of LIC pensioners, including issues related to basic pension increases, medical benefits, and life certificate procedures.

You have appealed to Shri R. Doraiswamy to expedite the resolution of pensioners' issues, fixing deadlines and displaying empathy towards the grievances of the aged and retired employees.

Your tone and style of

the letter is respectful and reverential as usual.

It is reflecting your admiration for the organization and its leadership. 

The language is formal, with a touch of poetic flair, using phrases that evoke a sense of pride and dedication.

Overall, the letter is a testament to your dedication to LIC and the  pensioners and your desire to see the organization continue to thrive under the leadership of Shri R. Doraiswamy.

Thank you for writing  such a wonderful  appeal to address the pensioners grievances.

Kind regards 

V Chandra Rao 

Bangalore

Expected DA/DR from Jan, 2026 and 8th CPC Fitment Factor – AICPI-IW for the month of Jul, 2025 issued | StaffNews

Expected DA/DR from Jan, 2026 and 8th CPC Fitment Factor – AICPI-IW for the month of Jul, 2025 issued | StaffNews: 

Expected DA/DR from Jan, 2026 and 8th CPC Fitment Factor – All-India CPI-IW for the month of Jul, 2025 issued by Labour Bureau on 29.08.2025

Letter to CEO & MD

 Respected & Revered  CEO & MD Sri R.Doraiswamy Sir,

         1)Born on 1st Sep,1956,LIC,from an infant.grew to boyhood,then adulthood.a Giant,celebrated the Golden Jubilee on 1/9/2006,has earned ever so many accolades,  ‘ a jewel in the crown, a world-class organization’ .Its Logo & Emblem-Yogakshemam Vahamyaham—Thy Welfare is Our Responsibilty--became household memory. ’In the humblest of homes,our flame burns bright & Hands that protect,Hands that serve’ ,are no idle boasts.

AICPI-IW JULY, 2025

  AICPI-IW JULY, 2025

                 146.5

              (9630.70)

PIB:: Election Commission of India Holds Interaction with Communist Party of India Delegation

Election Commission of India Holds Interaction with Communist Party of India Delegation     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2161488&RegID=3&LID=1

PIB::“Lord Ganesha is an Integral Part of Our Lives and a Guide on the Path of Knowledge and Culture”

"Lord Ganesha is an Integral Part of Our Lives and a Guide on the Path of Knowledge and Culture"- Shri Rambahadur RaiIGNCA Showcases Rare Ganesh Sculptures from     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2161368&RegID=3&LID=1

PENSIONERS STATISTICS YEAR WISE

More money in the hands of people

More money in the hands of people

Dr MMS appointed PM threatened to resign , if Lok Sabha refuses to confirm his agreement with GW bush risking loosing his position due to No Confidence Motion by Leftists.  Compare this with Modi's tough with Trump.  https://www.bbc.com/ news/ articles/ c5ykznn158qo ( + ARTICLES) This makes India -  one of the US' s strongest partners in the Indo- Pacific -  among the countries paying the highest tariffs in the world.  Amid the blow,  Modi' s message to his countrymen has been loud and clear - both make in India and spend in India.

But spurring long-pending tax reforms that immediately put more money into the hands of people could help the government soften some of the blow, experts say.

And so, after a $12bn income tax giveaway announced in the budget earlier this year, Modi is now aiming for an overhaul of India's indirect tax architecture – a reduction and simplification of the goods & service tax (GST). (So LIC Retirees can expect more money by means of arrears of Pension Upgradation not from SC bur from In-Service agitating with placards stating GOI reimburse pension fund from its Windfall profit of lakhs and lakhs crores from LIC before LIC Board meetings in passive manner like RBI In-Service staff.)

Donald Trump's 50% tariff on India kicks in as PM Modi urges self-reliance

C.Namdev

Ganesh Utsav

 If the entire Country  is coming together to celebrate Ganesh Utsav we have to thank Lokmanya Bal Gangadhar Tilak  for the initiative of Sarvajanik Ganeshutsav

Bal Gangadhar Tilak turned Ganesh Chaturthi into a public festival in Pune in 1893 uniting Indians against Colonial Rule 

Ganesh Chaturthi wasn’t always the big 10-day public celebration we see today. In 1893, Lokmanya Bal Gangadhar Tilak turned the private Ganesh puja into a grand community festival; a smart way to unite people, spread nationalist ideas, and spark pride against British rule

A Tradition that thrives worldwide forever

Happy Ganesh Chaturthi 

Ganpati Bappa Morya 

Mangal Murti Moraya 

PENSIONERS GROUPS

(1)

Group I

CPI 600

1.08.1987-31.07.1992

DR slab system

0-1250          0.67%

1251-2000   0.55%

2001-2130   0.33%

Above 2130 0.23%

(2)Group II

CPI 1148

1.08.1992-31.07.1997

DR slab system

0-2400.         0.35%

2401-3850   0.29%

Above 3850 0.23%

(3)Group III

CPI 1740

1.08.1997-31.07.2002

DR @0.23%

(4)Group IV

CPI 2328

1.08.2002-31.07.2007

DR @0.18%

(5)Group V

CPI 2944

1.08.2007-31.07.2012

DR @0.15%

(6)Group VI

CPI 4708

1.08.2012-31.07.2017

DR @0.10%

(7)Group VII

CPI 6352

1.08.2017-31.07.2022

DR @0.08% 

(8)Group VIII

CPI 8456

1.08.2022-31.07.2027

DR @0.06%

गणेश चतुर्थी की हार्दिक शुभकामनाएं

WISH YOU ALL A VERY HAPPY GANESH CHATHURTHI 

R K SAHNI