The questions surrounding the country's largest insurance company, LIC, now directly impact public savings of ₹55 lakh crore. Every Indian family has some portion of their savings tied to LIC—and the latest uproar over the company's investment decisions has set millions of policyholders on edge...

National Desk: Questions surrounding the country's largest insurance company, LIC, now directly focus on public savings of ₹55 lakh crore. Every Indian family has some portion of their savings tied to LIC—and the latest uproar over the company's investment decisions has raised the pulse of millions of policyholders. On what basis is the country's most trusted insurance company making its major investment decisions? And is the public's hard-earned money truly at risk?

Indeed, LIC, the country's most trusted insurance company, has suddenly found itself at the center of political and social media debate. The reason: allegations that LIC is funneling its investors' money into "risky investments" with large corporate conglomerates like Adani and Reliance. However, the company has not only dismissed these allegations but has also demonstrated, with concrete data, that the reality is quite the opposite. It's worth noting that LIC manages savings worth ₹55 lakh crore in the country.

LIC counters: Allegations without evidence, but we have the data.
LIC stated clearly that those making allegations against it present neither facts nor real data. The company conducts detailed analysis before every investment, follows IRDAI regulations, and final decisions are based on board approval – not the whims of a single official or leader.

How successful was LIC's bet? The data tells the whole story:
10-fold return in 11 years.
The company said its equity portfolio was worth Rs 1.5 lakh crore in 2014, which has now grown to Rs 15.5 lakh crore.

Investments are not limited to just one or two groups.
LIC currently invests in over 300 Indian companies – ranging from Tata, Birla, Adani, Reliance and many other sectors.

Investing in the Adani Group – Profitable, Not Loss:
Since 2017, LIC has invested approximately ₹31,000 crore in the Adani Group, whose current value has risen to ₹65,000 crore. This means this investment has more than doubled, not lost.

Is it okay when foreign companies invest, but wrong when LIC does?
LIC also pointed out that at the same time when it invested approximately ₹5,000 crore in the Adani Group, US insurance giants MetLife and Athene Life were investing approximately ₹6,700 crore.

The company's question was: How is this a smart move for foreign investors, yet risky for LIC?
Why does LIC's investment matter?
LIC claims that every investment is made with the future of ordinary Indian policyholders, strong returns, and the country's economic growth in mind.
This disciplined strategy has kept LIC consistently profitable and instilled confidence in millions of investors.

PC:Punjab Kesari