Employees indignant over promoting LIC stake, gave such an enormous warning to Modi authorities

by Jeremy Spirogis
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Life insurance coverage company officers and staff today staged sit-ins throughout the state, together with Shimla, in protest towards promoting the stake of LIC towards the central authorities on the name of the nationwide union and threatened an indefinite strike, warning to accentuate the battle since March.

Demonstrations have been held exterior the LIC workplaces throughout the state on Tuesday from 12 to 1.15 pm underneath the banner of Northern Zone Insurance Employees Association. Association secretary Pradeep Minhas mentioned that an hour-long symbolic strike has been taken towards promoting the stake. An indefinite strike will probably be carried out if the central authorities doesn’t reverse the choice. <! –


He mentioned that the Central Government is making an attempt to sink the establishment that runs the nation's financial system. Whenever the inventory market falls, LIC works to stabilize it. LIC invests in all sectors of the nation. One and a half lakh crores was given to the Railways. It was taken over when IDBI Bank was sinking. The central authorities is attacking the belief of LIC of 30 crore coverage holders and 10 crore group insurance coverage folks within the nation.

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