LIC 'stake' sale

LIC 'disinvestment': Outrageous idea

Print edition : February 28, 2020

LIC employees protest against Finance Minister Nirmala Sitharaman’s announcement that the government plans to sell a part of its holding in the corporation, in Mumbai on February 3. Photo: PAUL NORONHA

The Finance Minister’s announcement of the intention to sell a part of the government’s “stake” in LIC, India’s largest financial institution, sparks outrage among millions of policy holders.
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