Newsfeed

Life Insurance Corporation not going to be privatized: Govt

The Government today reiterated that the Life Insurance Corporation is not going to be privatized and only the initial public offering, IPO will be issued.
 
Responding to a discussion on the second batch of supplementary demands for 2020-21, Minister of State for Finance Anurag Thakur said, the government has taken a series of measures for the welfare of people during the Covid-19 pandemic.
 
He said, more than Rs. 31 thousand crore have been transferred to around 20 crore bank accounts of women.
 
He said, 80 crore people have been provided free foodgrains over a period of eight months during the pandemic.
 
Participating in the discussion, Prof. Sougata Roy of Trinamool Congress raised the issue of rise in inflation saying that the government is silent on this issue.
 
He said, fiscal deficit is continuously rising which is not a good indicator for the overall health of the economy.
 
Echoing the same view, Vinayak Raut of Shiv Sena asked the government about the measures taken for controlling the rise in inflation.
 
He said, the government should focus on allocation of more funds for the development of rural areas.
 
NCP MP Supriya Sule wondered as to why the government is in a hurry to disinvest PSUs.
 
She alleged that the Centre is not releasing the GST share of the State governments on time which is hampering the implementation of various social sector schemes.
 
Tapir Gao of BJP said that the government has done tremendous works in various sectors under the leadership of Prime Minister Narendra Modi.
 
He demanded to open AIIMS at every north-eastern States.

 

Support Ethical Journalism. Support The Dispatch

The Dispatch is a sincere effort in ethical journalism. Truth, Accuracy, Independence, Fairness, Impartiality, Humanity and Accountability are key elements of our editorial policy. But we are still not able to generate great stories, because we don’t have adequate resources. As more and more media falls into corporate and political control, informed citizens across the world are funding independent journalism initiatives. Here is your chance to support your local media startup and help independent journalism survive. Click the link below to make a payment of your choice and be a stakeholder in public spirited journalism


 

The Dispatch is present across a number of social media platforms. Subscribe to our YouTube channel for exciting videos; join us on Facebook, Intagram and Twitter for quick updates and discussions. We are also available on the Telegram. Follow us on Pinterest for thousands of pictures and graphics. We care to respond to text messages on WhatsApp at 8082480136 [No calls accepted]. To contribute an article or pitch a story idea, write to us at [email protected] |Click to know more about The Dispatch, our standards and policies