By P Sathish, President, South Central Zone Insurance Employees Federation
(Reproduced from Insurance Worker, a monthly journal of All India Insurance Employees Association (AIIEA), Jan 2022)
LIC IPO will defeat the very objectives pf nationalization. The entire business model of LIC will change to generating profits for the shareholders rather than contributing to improve the life of Indian people through its investment policy of “People’s Money for People’s Welfare”.