1 September 1956--India's largest life insurance company "Life Insurance Corporation of India (LIC)" was established.

The Life insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India.

Comments

Post a Comment

Popular posts from this blog

"If KCR, Nitish Kumar Have Guts": BJP Challenge On Upcoming State Polls.

Image
Patna:  The BJP lashed out today as Telangana Chief Minister K Chandrasekhar Rao landed in Bihar to visit Chief Minister Nitish Kumar, setting in motion what is seen as a big effort to gather together the opposition with an eye on the 2024 general elections. Party MP Sushil Modi, who earlier was Mr Kumar's deputy, ripped into the two opposition leaders, invoking Prime Minister Narendra Modi and challenging them to contest from BJP strongholds in the coming round of state elections. "Nitishji, you may ally with anyone, but in 2024 you won't even remain the Chief Minister, forget about the post of the Prime Minister," said Sushil Modi. "If KCR and Nitish-ji have the guts, let them contest the elections from Himachal Pradesh and Gujarat. Then they will understand what is the situation," he added. He also slammed Mr Kumar's criticism of the BJP earlier today -- "excessive prachaar-prasaar (publicity)" -- saying if PM Modi was only dependent on publ...
Read more

Kaziranga National Park in Assam, bagged the GOLD award as the Best Wildlife Destination in India.

Image
Kaziranga National Park in Assam, bagged the GOLD award as the Best Wildlife Destination in India at the glittering Outlook Traveller Awards 2022, which was held on Wednesday (August 24) at the Leela Palace Hotel, New Delhi. The awards were chosen by a team of expert jurors from across the industry and government.  The award was received by Padmapani Bora, Managing Director, Assam Tourism Development Corporation and Maninder Singh, Additional Chief Secretary, Assam Tourism. "I'm delighted to share with you all that Assam's @kaziranga_ has won the "Outlook Traveller Gold Award, 2022" under "Best Wildlife Destination in India" category. This award added one more charm to it's golden history. A moment to feel proud about for everyone from Assam," Assam Tourism Minister Jayanta Mallabaruah said in a tweet. The awards were handed out by Union Minister of Tourism & Culture & Development of North Eastern Region of India, G Kishan R...
Read more