A large majority of clerical and support staff of Life Insurance Corporation (LIC) in Karnataka participated in a protest against the insurer’s IPO which opened on Wednesday, said All India Insurance Employees’ Association (AIIEA).
The association here said a large majority of clerical and supporting staff in the State participated in the two-hour strike it called on Wednesday. Nationally, as high as 93% of Class III and Class IV employees have participated in the protest, it said.
“All eight divisions of LIC, each having an average of 15 branches, have participated in the protest against the IPO,’‘ said the spokesperson.