{"id":11862,"date":"2021-03-16T12:02:59","date_gmt":"2021-03-16T06:32:59","guid":{"rendered":"https:\/\/www.trishuldefenceacademy.in\/blog\/?p=11862"},"modified":"2021-03-16T12:02:59","modified_gmt":"2021-03-16T06:32:59","slug":"govt-denies-privatisation-of-lic","status":"publish","type":"post","link":"https:\/\/www.trishuldefenceacademy.in\/blog\/govt-denies-privatisation-of-lic","title":{"rendered":"Govt Denies Privatisation of LIC"},"content":{"rendered":"<p>NEW 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.<\/p>\n<p>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\u2019s will go a long way in augmenting the investment in LIC. However, the percentage for shareholders will be decided later on.<\/p>\n<p>The government assured the House that no such, move is in the offing and only IPO is being released to raise the market share and attract higher investment for better prospects of its policyholders. \u201cThere will no job loss for LIC employees by bringing the IPO,\u201d he assured.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW 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\u2019s will go a long way in augmenting the investment in LIC. However, the percentage for<\/p>\n","protected":false},"author":1,"featured_media":11863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[1818,1866,1800,1831],"class_list":["post-11862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-current-affair","tag-current-affair-news","tag-latest-current-affair","tag-new-current-affair"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt Denies Privatisation of LIC - Trishul Defence Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.trishuldefenceacademy.in\/blog\/govt-denies-privatisation-of-lic\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Denies Privatisation of LIC - Trishul Defence Academy\" \/>\n<meta property=\"og:description\" content=\"NEW 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\u2019s will go a long way in augmenting the investment in LIC. 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