Introduction of ‘Five Day Week’ in LIC of India
F. NO. S-11011/21/2015-Ins.1
Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep Building, Parliament Street,
New Delhi, Dated 20th April, 2018
To
The Chairman,
Life Insurance Corporation of India,
Central Office, Yogakshema Building,
J.B. Marg,
Mumbai — 400021.
Sub: Introduction of ‘Five Day Week’ in LIC of India
***
Sir,
I am directed to refer LIC’s letter Ref: Per/ER/A/G/2015 dated 01.04.2015 on the subject mentioned above and to convey Government’s approval for declaring 2nd and 4th Saturday of every month as holiday in Life Insurance Corporation of India, in line with Public Sector Banks. Copy of notification declaring 2nd and 4th Saturday as holiday in the Corporation is enclosed for further necessary action.
Yours faithfully
(Mritunjay Singh)
Under Secretary to the Government of India
Tel: 23748788
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART II, SECTION 3, SUB-SECTION (ii)]
Government of India
Ministry of Finance
(Department of Financial Services)
***
New Delhi, the 20th April, 2018
NOTIFICATION
S.O. .. (E)— In exercise of the powers conferred by section 25 of the Negotiable Instruments Act, 1881 (26 of 1881), the Central Government hereby declares the second and fourth Saturday of every month as public holiday for Life Insurance Corporation of India , with immediate effect.
[F.No. S-11011/21/2015-Ins.I]
(Debasish Panda) Additional Secretary