New Delhi: The possible new investment plan of LIC involving the Adani Group has started a fresh debate: many are worried that LIC, dealing with public money, should be more cautious.
LIC has already heavily invested in Adani companies. Critics say further increasing this could be risky. Supporters also manifest that companies are strong and growing.
Experts say LIC needs to be transparent about big investment decisions as it affects millions of policyholders.
