Hyderabad: The Life Insurance Corporation of India (LIC) marked its 69th anniversary on Sunday with a flag-hoisting ceremony at the Zonal Office building in Saifabad, Hyderabad. The event was led by Sri Puneet Kumar, Zonal Manager of LIC’s South Central Zone.
Addressing the gathering, Puneet Kumar recalled that LIC was established in 1956 with an initial capital of Rs 5 crore from the Central Government. Today, the Corporation has grown into the world’s largest insurance brand with an asset base of Rs 56.22 lakh crore, as per Brand Finance Insurance 2024.
He highlighted that LIC currently offers 35 insurance products under its individual business, including Endowment, Term Assurance, Pension, Micro Insurance, Children’s plans, and Unit Linked products, catering to diverse needs across society.
Puneet Kumar also spoke about LIC’s focus on social initiatives. He pointed to the success of the Bima Sakhi programme, which empowers women in rural areas by giving them financial independence. So far, 48,882 women agents have been recruited under this initiative.
He further informed that a revival campaign is currently underway, offering up to 30% rebate on interest for the revival of lapsed policies. The campaign will run until October 17, 2025.
On the occasion, he urged employees to focus on three principles – My Country First, My Earth First, and My LIC First. He called upon staff to avoid the use of plastic, contribute towards environmental protection, and support the government’s Make in India initiative.
Puneet Kumar encouraged all LIC employees and agents to rededicate themselves to the Corporation’s motto, Yogakshemam Vahamyaham (your welfare is our responsibility), and continue working with commitment to take LIC to greater heights.
The event was attended by senior officials, including Sri Rajesh Bharadwaj, Sri M Ravi Kumar, Sri Saravana Ramesh, Sri G S Sastry, Sri P G Kumaravaidyalingam, and Sri A A M Hilali.
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Lucknow (PTI): The Uttar Pradesh Congress on Wednesday staged a statewide protest demanding a fair and transparent inquiry into the FIR lodged against Swami Avimukteshwaranand Saraswati and those who filed the complaint against him.
In a statement issued here, the party said memorandums addressed to Prime Minister Narendra Modi were submitted through district magistrates in all districts of the state.
Uttar Pradesh Congress spokesperson Manish Hindvi told PTI that the memorandums were handed over through the district administration in all 75 districts.
In the memorandum, the party alleged that Saraswati and his disciples were "unnecessarily harassed and humiliated" by police on the occasion of Amavasya and were prevented from taking a ritual bath (at the Magh Mela). It further alleged that some disciples were manhandled and taken to a police station.
The memorandum also claimed that an FIR was later registered against Saraswati, his disciple Swami Mukundanand Brahmachari and several unidentified persons in a sexual harassment case. It termed the case a "conspiracy" aimed at tarnishing the seer's reputation.
Citing Articles 25 and 26 of the Constitution, the memorandum stated that these provisions guarantee religious freedom and the right of religious denominations to manage their own affairs.
It described the position of shankaracharya held by Saraswati as "one of the highest spiritual posts in Sanatan tradition" and alleged that the entire episode appeared to have been "orchestrated in a planned manner".
"We request that the background of the persons who got the FIR registered be investigated in a transparent manner by a retired high court judge and strict action be taken against them," the memorandum said.
It also sought a "fair and transparent probe" into the allegations levelled against Saraswati so that the truth could be established.
Earlier, Uttar Pradesh Congress president Ajay Rai had told reporters in Varanasi after meeting Saraswati that the party stood firmly with him.
The Congress said it would continue to press for an impartial inquiry into the entire episode.
On February 21, an FIR was lodged in Prayagraj against Saraswati and his disciple Mukundanand Brahmachari on charges of sexually abusing two persons, including a minor, over the past year at a gurukul and religious congregations, including the recently concluded Magh Mela.
Days after he was booked, Saraswati had said on Monday that he would not oppose his arrest and asserted that the "fabricated story" would be exposed sooner or later.
At a press conference on Wednesday, Saraswati alleged that criminals rule in Uttar Pradesh, level allegations and influence investigations, as he denied having any contact with the two persons for whose alleged sexual abuse he has been booked.
