Employees of the Life Insurance Corporation (LIC) of India have on Tuesday conducted a lunch hour demonstration before the Branch-2 of LIC.

The demonstration was in response to a call given by the All India Insurance Employees Association to observe the day as "Protect Public Sector Insurance Day"

A note from the Employees Union of the branch said that "It was on this day (19th January, 1956) that the government promulgated an ordinance nationalising the life insurance business by amalgamating 245 private insurance companies into a single monolithic corporation, viz; LIC.

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