Disinvestment of Life Insurance Corporation of India

If the Life Insurance Corporation of India is said to be synonymous with insurance in India, then there no exaggeration. As a Public Sector Undertaking, has been actively participating business country for last about 65 years. “It often that it not government business.” Finance Minister Sitharaman had proposed sell part its stake LIC through an IPO her FY21 Budget speech. The purpose this research paper analyze effects disinvestment LIC. Data and information related work have collected IRDAI's annual report, Annual report LIC, newspapers, magazines various websites. study revealed will bring transparency improve efficiency. Moreover, gives opportunity retail investor participate wealth creation