{"id":186553,"date":"2009-12-01T00:00:00","date_gmt":"2009-11-30T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/need-to-reconsider-the-new-minimum-basic-guarantee-mbg-rule-and-on-1-december-2009"},"modified":"2016-12-21T04:30:12","modified_gmt":"2016-12-20T23:00:12","slug":"need-to-reconsider-the-new-minimum-basic-guarantee-mbg-rule-and-on-1-december-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/need-to-reconsider-the-new-minimum-basic-guarantee-mbg-rule-and-on-1-december-2009","title":{"rendered":"Need To Reconsider The New Minimum Basic Guarantee (Mbg) Rule And &#8230; on 1 December, 2009"},"content":{"rendered":"<div class=\"docsource_main\">Lok Sabha Debates<\/div>\n<div class=\"doc_title\">Need To Reconsider The New Minimum Basic Guarantee (Mbg) Rule And &#8230; on 1 December, 2009<\/div>\n<\/p>\n<pre><\/pre>\n<p>                                                      &gt; <\/p>\n<p><a class=\"marker_ref\" href=\"\/search\/?formInput=Title\">Title<\/a>: Need to reconsider the new Minimum Basic Guarantee (MBG) Rule and Amendment of Agents Rule, 1972 for LIC agents.  <\/p>\n<p><a class=\"marker_ref\" href=\"\/search\/?formInput=SHRI%20P.T.%20THOMAS%20\">SHRI P.T. THOMAS <\/a>(<a class=\"marker_ref\" href=\"\/search\/?formInput=IDUKKI\">IDUKKI<\/a>): Madam Speaker, life insurance sector is one of the largest organized sectors in the country.\u00a0 Since nationalization, LIC agents have played a significant role in the growth of LIC. But this sector is totally neglected.\u00a0 It is necessary to take steps to uplift the situation of the working place. About 12 lakh agents are working on a long-term basis for a single institution and majority of them are earning a very low income. The Government shall consider\u00a0 introducing a Pension Plan for the agents.\u00a0 The families of agents are not\u00a0 protected at any level. I request that creation of a Welfare Fund\u00a0 for them shall be considered.\u00a0 The main hurdle for the introduction of Provident Fund and ESI benefits is the absence of employer-employee relationship among the LIC and the agents.\u00a0\n<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 The above requests should be considered.\u00a0 Adoption of new Minimum Basic Guarantee (MBG) Rule and amendments to the Agents Rule, 1972 should be reconsidered.\u00a0 Today, tens and thousands of LIC agents are demonstrating outside Parliament.\u00a0 The Government should consider the requests of LIC agents with a humanitarian view.\n<\/p>\n<p><a class=\"marker_ref\" href=\"\/search\/?formInput=MADAM%20SPEAKER\">MADAM SPEAKER<\/a>:\u00a0  Shri M.B. Rajesh and   <\/p>\n<p> Shri P.K. Biju are allowed to associate with the issue raised by Shri Thomas.\n<\/p>\n<p><a class=\"marker_ref\" href=\"\/search\/?formInput=SHRI%20M.B.%20RAJESH%20\">SHRI M.B. RAJESH <\/a>(<a class=\"marker_ref\" href=\"\/search\/?formInput=PALAKKAD\">PALAKKAD<\/a>): This is a very important and a major issue.\n<\/p>\n<p>\u00a0  <\/p>\n<p><a class=\"marker_ref\" href=\"\/search\/?formInput=MADAM%20SPEAKER\">MADAM SPEAKER<\/a>: Please send slips to the Table.\u00a0\n<\/p>\n<p> S\/Shri K.C. Venugopal,   <\/p>\n<p> A. Sampath,   <\/p>\n<p> P. Karnuakaran and   <\/p>\n<p> Abdul Rahman allowed to associated on this issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lok Sabha Debates Need To Reconsider The New Minimum Basic Guarantee (Mbg) Rule And &#8230; on 1 December, 2009 &gt; Title: Need to reconsider the new Minimum Basic Guarantee (MBG) Rule and Amendment of Agents Rule, 1972 for LIC agents. SHRI P.T. THOMAS (IDUKKI): Madam Speaker, life insurance sector is one of the largest organized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-186553","post","type-post","status-publish","format-standard","hentry","category-judgements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Need To Reconsider The New Minimum Basic Guarantee (Mbg) Rule And ... on 1 December, 2009 - Free Judgements of Supreme Court &amp; High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/need-to-reconsider-the-new-minimum-basic-guarantee-mbg-rule-and-on-1-december-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Need To Reconsider The New Minimum Basic Guarantee (Mbg) Rule And ... on 1 December, 2009 - Free Judgements of Supreme Court &amp; 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