Discussion Board

How govt is blatantly misusing LIC to save failing companies


Total 25 messages Pages | 1 | 2   Older >
chaganty mallikharjunarao
misusing LIC to save failing companies
by chaganty mallikharjunarao on Oct 21, 2018 05:19 PM

No surprise, if within no time LIC will also be sold to some other private insurance company, on account of its becoming a sinking ship because of subsidizing incompetent institutions. Perhaps, it is all to promote private insurers who support the ruling party.

    Forward  |  Report abuse
sanchayadey
LIC MONEY USED FOR FAILING INDUSTRY
by sanchayadey on Oct 14, 2018 10:46 AM

WHAT THE AUTHOR WANT ALL THE FAILING GOVT. INDUSTRY MUST BE CLOSED DOWN ? MOST OF THE GOVT. INDUSTRY ARE HEAVILY LOSS MAKING LIKE AIR INDIA, SAIL AND OTHERS . SO THE AUTHOR SHOULD PITCH FOR CLOSING THE LOSSMAKING GOVT. INDUSTRY WHICH DRAINING BILLIONS OF TAX PAYER,S MONEY EVERY YEAR. DO THE RIGHT THING IF HAVE GUTS.

    Forward  |  Report abuse
sanchayadey
LIC MONEY USED FOR FAILING INDUSTRY
by sanchayadey on Oct 14, 2018 10:42 AM

WHAT THE AUTHOR WANT ALL THE FAILING GOVT. INDUSTRY MUST BE CLOSED DOWN ? MOST OF THE GOVT. INDUSTRY ARE HEAVILY LOSS MAKING LIKE AIR INDIA, SAIL AND OTHERS . SO THE AUTHOR SHOULD PITCH FOR CLOSING THE LOSSMAKING GOVT. INDUSTRY WHICH DRAINING BILLIONS OF TAX PAYER,S MONEY EVERY YEAR. DO THE RIGHT THING IF HAVE GUTS.

    Forward  |  Report abuse
auryas
More desperate bull sh^t. Anti govt, BJP propaganda
by auryas on Oct 14, 2018 10:08 AM

This is nothing but a desperate bull sh^t to manufacture controversy in desperation.

    Forward  |  Report abuse
auryas
These intellectuals never write about how PNB's NPA gone that bad
by auryas on Oct 14, 2018 09:34 AM


These intellectuals and thinkers never talk about when did PNB assets became so toxic non performing assets.

How can government misuse government establishment to salvage companies where government has huge stake?

    Forward  |  Report abuse
auryas
So what does Professor Bhagavathi suggest?
by auryas on Oct 14, 2018 09:31 AM

What does professor Bhagavathi wants ?

Close down all ailing companies and send all employees on to the road so that LIC can pay it's investors 1.5% more ?

Rediff is an expert of tracing people who are anti-govt, anti-BJP and use them in it's endeavor.

    Forward  |  Report abuse
auryas
So what does Professor Bhagavathi suggest?
by auryas on Oct 14, 2018 09:31 AM

What does professor Bhagavathi wants ?

Close down all ailing companies and send all employees on to the road so that LIC can pay it's investors 1.5% more ?

Rediff is an expert of tracing people who are anti-govt, anti-BJP and use them in it's endeavor.

    Forward  |  Report abuse
Anand
Yes, but...
by Anand on Oct 13, 2018 08:58 AM

Oh yes, you are absolutely on the mark, but this is not to be called as corruption.

You see, we are all very very clean!

    Forward  |  Report abuse
Yogesh Murgude
LIC is a fraud
by Yogesh Murgude on Oct 13, 2018 08:40 AM

In fact all the insurance companies in India are fraud. They are not here to help people but make profit and find any loophole and not pay customer.

At least due to this, the money is getting used somewhere.

    Forward  |  Report abuse
Total 25 messages Pages: | 1 | 2   Older >
Write a message