LIC invests in housing and infrastructure. Why its privatisation?

By Devidas Tuljapurkar, General Secretary, Maharashtra State Bank Employees Federation (MSBEF)

Investment by LIC in Housing, Infrastructure which includes water supply, road, irrigation, power projects, etc.


LIC has an investment of Rs. 48,896.05 cr. & Rs. 2,50,389.80 cr. in Housing & Infrastructure. Thus, LIC uses its resource as National resource for National Development.
If tomorrow disinvestment takes place in LIC those resources will be used in the interests of the corporates.

Those who have stake in the Nation should stand up to defend LIC & its character & thus this is a patriotic struggle.

Defend LIC & its character to Defend Nation.

Devidas Tuljapurkar
General Secretary, MSBEF

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