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19 Mar 2021
LIC employees protest against FDI limit hike in insurance sector
The LIC employees are protesting against the government's proposal to privatise the corporation and enhance the FDI limit in the insurance sector he All India Insurance Employee's Association (AIIEA) has called the strike along with other trade unions from the industry FM Nirmala Sitharaman proposed to amend the Insurance Act 1938 to increase the permissible FDI limit from 49 per cent to 74 per cent in insurance companies
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