Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-trace').style.display = (document.getElementById('cakeErr67edee6e08e86-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67edee6e08e86-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-code').style.display = (document.getElementById('cakeErr67edee6e08e86-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-context').style.display = (document.getElementById('cakeErr67edee6e08e86-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67edee6e08e86-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67edee6e08e86-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 37677,
		&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4685805,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 37677,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;,
	&#039;metaDesc&#039; =&gt; &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 37677,
	&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4685805,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 37677
$metaTitle = &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;
$metaKeywords = &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;
$metaDesc = &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha | Im4change.org</title>
    <meta name="description" content="-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. Since 2014, the Life Insurance Corporation of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" title="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-trace').style.display = (document.getElementById('cakeErr67edee6e08e86-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67edee6e08e86-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-code').style.display = (document.getElementById('cakeErr67edee6e08e86-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-context').style.display = (document.getElementById('cakeErr67edee6e08e86-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67edee6e08e86-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67edee6e08e86-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 37677,
		&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4685805,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 37677,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;,
	&#039;metaDesc&#039; =&gt; &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 37677,
	&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4685805,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 37677
$metaTitle = &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;
$metaKeywords = &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;
$metaDesc = &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha | Im4change.org</title>
    <meta name="description" content="-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. Since 2014, the Life Insurance Corporation of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" title="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-trace').style.display = (document.getElementById('cakeErr67edee6e08e86-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67edee6e08e86-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-code').style.display = (document.getElementById('cakeErr67edee6e08e86-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67edee6e08e86-context').style.display = (document.getElementById('cakeErr67edee6e08e86-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67edee6e08e86-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67edee6e08e86-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 37677,
		&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4685805,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 37677,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;,
	&#039;metaDesc&#039; =&gt; &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 37677,
	&#039;title&#039; =&gt; &#039;How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a mce_href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4685805,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 37677
$metaTitle = &#039;LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&amp;#039;s Most Trusted Life Insurer -Praneta Jha&#039;
$metaKeywords = &#039;Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets&#039;
$metaDesc = &#039;-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. Since 2014, the Life Insurance Corporation of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Newsclick.in&lt;br&gt;&lt;br&gt;&lt;i&gt;Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer&#039;s NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;amp;FS. &lt;br&gt;&lt;/i&gt;&lt;br&gt;Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.&lt;br&gt;&lt;br&gt;Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.&lt;br&gt;&lt;br&gt;For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.&lt;br&gt;&lt;br&gt;While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.&lt;br&gt;&lt;br&gt;LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.&lt;br&gt;&lt;br&gt;But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.&lt;br&gt;&lt;br&gt;Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.&lt;br&gt;&lt;br&gt;But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.&lt;br&gt;&lt;br&gt;Please &lt;a href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; title=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot; href=&quot;https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM&quot;&gt;click here&lt;/a&gt; to read more.&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha | Im4change.org</title>
    <meta name="description" content="-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. Since 2014, the Life Insurance Corporation of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" title="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 37677,
		'title' => 'How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer -Praneta Jha',
		'subheading' => '',
		'description' => '<div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a mce_href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>',
		'credit_writer' => 'Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 4685805,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 37677,
	'metaTitle' => 'LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha',
	'metaKeywords' => 'Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets',
	'metaDesc' => '-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. Since 2014, the Life Insurance Corporation of...',
	'disp' => '<div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" title="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 37677,
	'title' => 'How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha',
	'subheading' => '',
	'description' => '<div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a mce_href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>',
	'credit_writer' => 'Newsclick.in, 29 October, 2018, https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'how-govt-milking-of-cash-cow-lic-is-endangering-india039s-most-trusted-life-insurer-praneta-jha-4685805',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 4685805,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {},
		(int) 1 => object(Cake\ORM\Entity) {},
		(int) 2 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 37677
$metaTitle = 'LATEST NEWS UPDATES | How Govt Milking of Cash Cow LIC is Endangering India&#039;s Most Trusted Life Insurer -Praneta Jha'
$metaKeywords = 'Life Insurance Corporation of India (LIC),Non-Performing Assets (NPAs),Non-Performing Assets'
$metaDesc = '-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. Since 2014, the Life Insurance Corporation of...'
$disp = '<div align="justify">-Newsclick.in<br><br><i>Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&amp;FS. <br></i><br>Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.<br><br>Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period.<br><br>For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018.<br><br>While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns.<br><br>LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past.<br><br>But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it.<br><br>Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment.<br><br>But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC.<br><br>Please <a href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" title="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM" href="https://www.newsclick.in/how-govt-milking-cash-cow-lic-endangering-indias-most-trusted-life-insurer?fbclid=IwAR2uBUdmKTeaajYdLpHh3XY55mJU8O7uany6Ou_HkUy8OZ_MlWqLhyEJSZM">click here</a> to read more.</div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer -Praneta Jha

-Newsclick.in Govt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets. Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have doubled in this period. For decades, millions of middle- and lower middle-class Indians have associated the name of LIC ? a central public sector enterprise set up in 1956 ? with trust and reliability. The company has nearly 41 crore policyholders (including individual and group policyholders) as on March 31, 2018. While the sums assured by its policies (including accrued bonuses) carry sovereign guarantee, the policyholders also expect LIC to invest their premiums in prudent long-term investments that give good returns. LIC is one of the cash-richest companies in India ? with an annual investible surplus of Rs 3-3.5 lakh crore that it invests in a vast array of companies, in both public and private sectors. As a long-term investor, it has made good returns on its investments in the past. But LIC?s good health has increasingly become a bane for the company, as successive governments ? earlier the Congress-led United Progressive Alliance and now the BJP-led National Democratic Alliance in an unprecedented manner ? have used LIC as a cash cow and milked it. Not only have LIC?s funds been used repeatedly by government to rescue other troubled companies, but the Modi government is using LIC to bail itself out more than anything else ? to meet its fiscal deficit targets through the destructive sleight of hand known as disinvestment. But before we delve briefly into the logic behind disinvestment ? the Modi government has set itself a disinvestment target of Rs 80,000 crore for 2018-19 ? let us look at what has become of LIC. Please click here to read more.