Members of the Insurance Employees Union of the Life Insurance Corporation of India staged a protest in Dharwad on Wednesday against the Union Government’s decision to privatise the public sector insurer.
Employees gathered in front of the LIC Divisional Office, opposing the disinvestment move saying that the Government had under-evaluated the organisation several times that would cause irreparable damage.
Union leaders Uday Gadagkar, B.N. Poojary, A.M. Khan and others addressed the protestors.