Not only the salary has increased, you will also get the outstanding amount of 7 years, know about this big decision of the government. – ..

News India Live, Digital Desk: Even before the beginning of the festive season, there is great news for some government employees and their families. This is good news for lakhs of employees working in government insurance companies (like LIC, GIC and other general insurance companies), whose dream of increasing their salary has finally come true.

The government has given the green signal to increase his salary by 12%.

But the real good news is something else!

This news is not just about salary increase, the real and most important thing is that this decision will be considered effective from August 2017.

Now you might be wondering what does this mean? This simply means that all these employees will get the entire outstanding money (arrears) for the last 7 years together. Obviously this amount will be in lakhs! This is no less than a jackpot for those whose money was stuck for so many years.

The wait was going on for a long time

Let us tell you that the employees working in institutions like Reserve Bank (RBI) and NABARD had already got this benefit. Since then the employees of insurance companies were waiting for their turn. Now the Finance Ministry has put its seal of approval on it, due to which there is an atmosphere of happiness among about 1 lakh employees and their families.

This decision shows that even though it was delayed, the government has finally fulfilled the long-standing demand of these employees. Now everyone is just waiting for that huge amount to come into their account.