The South India times Jagtial: Jagtial MLA Sanjay Kumar and MLC Jeevan Reddy accused the central government of privatizing the money kept by the poor in the LIC company as a conspiratorial move. On Monday, LIC agents took part in a dharna in front of the office of the Life Insurance Department in the Jagtial district center and expressed their support.
On this occasion, they said that the life insurance company of India (LIC) can survive only if the agents respect them They expressed their anger that Adani and Ambani are looting people’s money by putting the burden on the poor, common, and middle-class people during the eight years of BJP government.
They said that the Center is conspiring to make the funds of LIC, which has financial support in the country, be used for the benefit of the country. It was alleged that the central government has attempted to privatize the banking system. They said that the BJP government is acting like a thief is a thief. He alleged that if the welfare programs are implemented for the poor people, the Center will force them to cancel them under the pretense that they are free, but in the last eight years, the central government has looted and waived more than 10 lakh crores of public money to the corporate powers.
It is outrageous that the Modi government is trying to put LIC in the hands of private individuals in the name of IPO today. Policyholders, people, and employees are called to unitedly oppose this action. He expressed concern that due to privatization,
LIC’s investments in the infrastructure sector of the country will deteriorate badly, the development will be stunted and there will be no security for deposits.
It is commendable that the agents are taking up protest programs to protect the organization. The organization should implement all the reasonable demands of the agents. In this program, the president of the Association of Jagitial Agents A.Venkataswamy, Secretary P. Ailai ah, Treasurer Jay Malliah, former presidents Satyanarayana Goud, Eluri Satyam, and more than 200 agents participated.
