LIC IPO- Gross injustice to the smaller LIC policy holders, especially those belonging to the SCs/STs/OBCs

  To   Smt Nirmala Sitharaman Union Finance Minister Dear Smt Sitharaman, Earlier, I had written two letters to you (https://www.moneylife.in/article/lic-ipo-gross-underestimated-valuation…, https://countercurrents.org/2022/01/cpse-disinvestment-valuation-approa…) about the flawed approach to valuing the LIC for listing it in the stock markets and the injustice meted out to millions of small policy holders, with a view to grant undue benefits to a handful of speculative,[Read More...]