1.0Trishul Defence Academyhttps://www.trishuldefenceacademy.in/blogTrishul Defence Academyhttps://www.trishuldefenceacademy.in/blog/author/adminrich600338<blockquote class="wp-embedded-content" data-secret="xvpZeSftlw"><a href="https://www.trishuldefenceacademy.in/blog/govt-denies-privatisation-of-lic">Govt Denies Privatisation of LIC</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.trishuldefenceacademy.in/blog/govt-denies-privatisation-of-lic/embed#?secret=xvpZeSftlw" width="600" height="338" title="“Govt Denies Privatisation of LIC” — Trishul Defence Academy" data-secret="xvpZeSftlw" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.trishuldefenceacademy.in/blog/wp-content/uploads/2021/03/LIC.jpg750400NEW DELHI: The Government of India while replying over to the queries on the privatization of LIC in Lok Sabha has categorically denied any such move. The government claimed that are no plans as of now. While replying to the query, during the Question Hour in Lok Sabha, Minister of State for Finance, Anurag Thakur claimed that the government is mulling to bring Initial Public Offer (IPO), with the aim of ensuring transparency and valuation. He went to the extent of claiming that these IPO’s will go a long way in augmenting the investment in LIC. However, the percentage for