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Privatising Indian Insurance*
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Mar 22nd 2021, C.P. Chandrasekhar
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Along
with the process of inducting foreign capital into Indian
insurance, the decision to privatise at least one general
insurance company and enact legislative amendments permitting
an initial public offer of equity by the venerable Life
Insurance Corporation of India, implies a move towards
privatisation of LIC as well.
*
This article was originally published in the Peoples
Democracy on March 21, 2021.
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