No vacancies in Public Sector Insurance Companies this year

banned recruitment

Due to impact of COVID-19 pandemic on the economy, all the PSGICs are witnessing decline in topline which is expected to affect the profitability of these Companies. Accordingly, it is felt necessary that all the PSGICs observe appropriate measures within their organizations for expenditure control and exercise utmost financial prudence for utilization of available funds in a judicious and fair manner. In pursuance of this, a few austerity/economy measures are prescribed for the Public Sector Insurance Companies as under: