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Want India to become a pensioned and an insured society Arun Jaitley

News and Press Release - Dated:- 1-9-2016 - LIC declares special Diamond Jubilee bonus on all eligible policies. Union Finance Minister Mr. Arun Jaitley today highlighted the need for strengthening social security apparatus in the country to make India a pensioned and an insured society. Speaking at the Diamond Jubilee celebration event of the Life Insurance Corporation (LIC) of India in Mumbai today, Mr. Jaitley said the parameters of social security have to be significantly improved. When we e .....

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his resistance will soon fade away . Mr Jaitley stressed on the importance of low cost life insurance, low premium accident insurance policies, crop insurance scheme to protect farmers, health insurance scheme for poor and senior citizens, terming them as essential instruments of social security. The Finance Minister said the LIC of India, with its unmatched branch network, deep penetration across the length and breadth of the country was most suited for expanding the social security net. As the .....

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