Life Insurance Corporation Current Affairs, GK & News

Govt. extends superannuation age of LIC Chairman to up to 62 years

Union Government has extended superannuation age of IPO-bound LIC Chairman to up to 62 years. Key Points Superannuation age was extended by amending Life Insurance Corporation of India (Staff) Regulations, 1960. Changes made in rules will be called as “Life Insurance Corporation of India (Staff) Amendment Rules, 2021. Retirement age for top executives of majority of PSUs is ..

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Government Informs LIC is not being Privatized

The Central Government has informed the Lok Sabha on March 15, 2021 that, the Life Insurance Corporation of India (LIC) is not being privatized. Highlights This information was provided by the government in a reply to a supplementary question during the Question Hour in Lok Sabha. The Minister of State for Finance, Anurag Thakur, also ..

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The Bharatmala Project

The Indian Government had launched the Bharatmala Project to connect various parts of India which would maintain the flow of traffic of people and goods between places. What is Bharatmala? It is an umbrella scheme which covers the highways sector and there are plans to construct several new roads in the country. It will focus ..

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LIC HFL unveils Udyam Centre in Bengaluru

Life Insurance Corporation Housing Finance (LIC HFL) has launched ‘Udyam’, a skilling center in Bengaluru. It was launched in association with Lok Bharti Education Society, the implementing partner. The Centres of Excellence will provide training to marginalised youth in the BFSI, retail, and IT/ ITES sectors.

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M R Kumar appointed as new Chairman of Life Insurance Corporation of India (LIC)

M R Kumar has been appointed the new Chairman of Life Insurance Corporation of India (LIC) and will hold the post for a period of five years. Prior to this post, he was Zonal Manager (in-charge) of North Zone. LIC is the largest insurance company in India headquartered in Mumbai. It was founded in 1956 ..

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