Government clears pay hikes for PSGIC, NABARD staff and pension revisions for RBI retirees

The Centre has approved long-pending wage and pension revisions for employees and retirees across key public-sector financial institutions, including PSGICs, NABARD and the RBI. The move covers retrospective pay hikes, higher pension payouts and revised family pension norms, with a significant fiscal outlay.

Government clears pay hikes for PSGIC, NABARD staff and pension revisions for RBI retirees
The Centre has approved long-pending wage and pension revisions for employees and retirees across key public-sector financial institutions, including PSGICs, NABARD and the RBI. The move covers retrospective pay hikes, higher pension payouts and revised family pension norms, with a significant fiscal outlay.

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