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LIC share sale: Kozhikode: Employees went on strike in protest

Kozhikode: LIC workers right now went on a two-hour strike to protest the sale of shares within the firm. The strike lasted from 11.30 am to 1.30 pm. The putting workers protested in entrance of the LIC workplaces. Staff of 26 models below Kozhikode division went on strike.

CITU Kozhikode District General Secretary PK Mukundan () inaugurated the strike rally at Mananchira LIC workplace in Kozhikode.

LIC – IPO is step one in LIC privatization. LIC is an integral a part of the nation’s improvement thus far. The truth that LIC nonetheless has 70% market share after 22 years of competitors exhibits the energy of this agency. The sale of shares is in opposition to the pursuits of the nation, policyholders and most people. PK Mukundan stated that robust protests are rising within the nation in opposition to this. IK Biju, General Secretary, Kozhikode Division, LICEU presided over the perform.

Mampatta Sreedharan (CITU Kozhikode District President), PP Krishnan (Vice President, AIIEA), Rajesh (District Secretary, NGO Union), C Rajeevan (All India Joint Secretary, BEFI), PK Santhosh (State President, KMSRA) ), KKC Pillai (General Secretary, LICPA) and TK Vishwan (Central Committee Member, LICAOI) spoke.

V Sasikumar spoke at one of many LIC branches in Kozhikode. TC Basant spoke at LIC Department 2, Kozhikode.

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