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: 150
 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);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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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: 151
 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);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
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 97
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')) {

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        LATEST NEWS UPDATES | LIC’s tobacco stain shows by GS Mudur    </title>
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The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.





Figures obtained through the right to information route by a..."/>
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The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.





Figures obtained through the right to information route by a..." />
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco products.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The LIC investment in ITC had a book value of more than Rs 3,561 crore, while its investment in VST Industries was about Rs 15 lakh, according to information released by the company. It also invested Rs 50 crore in Dharampal Satyapal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;It&rsquo;s ironic that LIC is investing in an industry that contributes to ill-health and death, and an industry that some arms of the government are trying to discourage,&rdquo; said Pankaj Chaturvedi, associate professor at the Tata Memorial Hospital, Mumbai.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The public should know where LIC is investing its funds,&rdquo; Chaturvedi told The Telegraph. &ldquo;The government has enforced the ban on public smoking and it has also outlined steps to phase out tobacco cultivation in the coming years.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The RTI application had been filed by a consortium called Voice of Tobacco Victims, mainly representing patients with cancer. LIC officials were not immediately available to explain its policy of investing in the tobacco industry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The number of shares held by LIC in ITC jumped from about 522,089,903 on March 31, 2010, to 995,891,658 on March 31, 2011, according to the company&rsquo;s response to the RTI query.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Tata Memorial doctors said the RTI response from LIC suggested it was not charging extra premium on all tobacco users. &ldquo;It is ridiculous.&hellip; LIC invests in tobacco, it doesn&rsquo;t charge higher premium from addicts, but they may reject the claims of addicts,&rdquo; Surendra Shastri, head of preventive oncology at Tata Memorial, said in a statement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In response to the RTI query on LIC&rsquo;s policy on insurance for tobacco users, the company said the risk assessment for consumption of tobacco would take into consideration multiple health factors ranging from quantity and type of tobacco to health conditions of the applicant.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The adverse health effects of tobacco consumption is dependent on (the) quantity of consumption, type of tobacco consumed, duration of consumption and any other associated health condition of the insurance applicant,&rdquo; LIC said. &ldquo;Depending on these factors, while large numbers of customers are accepted without any extra premium, some of the applicants may be charged higher premium.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Public health specialists campaigning against tobacco said the investment was unethical because it was against the principle that governments should not invest in tobacco, enshrined in an international convention to which India is a signatory.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;On the one hand, India incurs a cost of nearly Rs 10,000 crore each year from tobacco-related health expenses, on the other, LIC invests Rs 3,600 crore in tobacco,&rdquo; Prakash Gupta, director of the Sekhsaria Institute of Public Health, Mumbai, said in a statement.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp" class="re" target="_blank">The Telegraph, 13 October, 2011, http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp</a><div class="clear"></div>
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The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.





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The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.





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    <h1 class="cat-box-title">LIC’s tobacco stain shows by GS Mudur</h1>
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		 Published on</span><span class="text-date"> Oct 13, 2011</span>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco products.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The LIC investment in ITC had a book value of more than Rs 3,561 crore, while its investment in VST Industries was about Rs 15 lakh, according to information released by the company. It also invested Rs 50 crore in Dharampal Satyapal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;It&rsquo;s ironic that LIC is investing in an industry that contributes to ill-health and death, and an industry that some arms of the government are trying to discourage,&rdquo; said Pankaj Chaturvedi, associate professor at the Tata Memorial Hospital, Mumbai.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The public should know where LIC is investing its funds,&rdquo; Chaturvedi told The Telegraph. &ldquo;The government has enforced the ban on public smoking and it has also outlined steps to phase out tobacco cultivation in the coming years.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The RTI application had been filed by a consortium called Voice of Tobacco Victims, mainly representing patients with cancer. LIC officials were not immediately available to explain its policy of investing in the tobacco industry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The number of shares held by LIC in ITC jumped from about 522,089,903 on March 31, 2010, to 995,891,658 on March 31, 2011, according to the company&rsquo;s response to the RTI query.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Tata Memorial doctors said the RTI response from LIC suggested it was not charging extra premium on all tobacco users. &ldquo;It is ridiculous.&hellip; LIC invests in tobacco, it doesn&rsquo;t charge higher premium from addicts, but they may reject the claims of addicts,&rdquo; Surendra Shastri, head of preventive oncology at Tata Memorial, said in a statement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In response to the RTI query on LIC&rsquo;s policy on insurance for tobacco users, the company said the risk assessment for consumption of tobacco would take into consideration multiple health factors ranging from quantity and type of tobacco to health conditions of the applicant.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The adverse health effects of tobacco consumption is dependent on (the) quantity of consumption, type of tobacco consumed, duration of consumption and any other associated health condition of the insurance applicant,&rdquo; LIC said. &ldquo;Depending on these factors, while large numbers of customers are accepted without any extra premium, some of the applicants may be charged higher premium.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Public health specialists campaigning against tobacco said the investment was unethical because it was against the principle that governments should not invest in tobacco, enshrined in an international convention to which India is a signatory.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;On the one hand, India incurs a cost of nearly Rs 10,000 crore each year from tobacco-related health expenses, on the other, LIC invests Rs 3,600 crore in tobacco,&rdquo; Prakash Gupta, director of the Sekhsaria Institute of Public Health, Mumbai, said in a statement.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp" class="re" target="_blank">The Telegraph, 13 October, 2011, http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp</a><div class="clear"></div>
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The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.





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    <h1 class="cat-box-title">LIC’s tobacco stain shows by GS Mudur</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco products.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The LIC investment in ITC had a book value of more than Rs 3,561 crore, while its investment in VST Industries was about Rs 15 lakh, according to information released by the company. It also invested Rs 50 crore in Dharampal Satyapal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;It&rsquo;s ironic that LIC is investing in an industry that contributes to ill-health and death, and an industry that some arms of the government are trying to discourage,&rdquo; said Pankaj Chaturvedi, associate professor at the Tata Memorial Hospital, Mumbai.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The public should know where LIC is investing its funds,&rdquo; Chaturvedi told The Telegraph. &ldquo;The government has enforced the ban on public smoking and it has also outlined steps to phase out tobacco cultivation in the coming years.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The RTI application had been filed by a consortium called Voice of Tobacco Victims, mainly representing patients with cancer. LIC officials were not immediately available to explain its policy of investing in the tobacco industry.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The number of shares held by LIC in ITC jumped from about 522,089,903 on March 31, 2010, to 995,891,658 on March 31, 2011, according to the company&rsquo;s response to the RTI query.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Tata Memorial doctors said the RTI response from LIC suggested it was not charging extra premium on all tobacco users. &ldquo;It is ridiculous.&hellip; LIC invests in tobacco, it doesn&rsquo;t charge higher premium from addicts, but they may reject the claims of addicts,&rdquo; Surendra Shastri, head of preventive oncology at Tata Memorial, said in a statement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In response to the RTI query on LIC&rsquo;s policy on insurance for tobacco users, the company said the risk assessment for consumption of tobacco would take into consideration multiple health factors ranging from quantity and type of tobacco to health conditions of the applicant.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The adverse health effects of tobacco consumption is dependent on (the) quantity of consumption, type of tobacco consumed, duration of consumption and any other associated health condition of the insurance applicant,&rdquo; LIC said. &ldquo;Depending on these factors, while large numbers of customers are accepted without any extra premium, some of the applicants may be charged higher premium.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Public health specialists campaigning against tobacco said the investment was unethical because it was against the principle that governments should not invest in tobacco, enshrined in an international convention to which India is a signatory.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;On the one hand, India incurs a cost of nearly Rs 10,000 crore each year from tobacco-related health expenses, on the other, LIC invests Rs 3,600 crore in tobacco,&rdquo; Prakash Gupta, director of the Sekhsaria Institute of Public Health, Mumbai, said in a statement.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp" class="re" target="_blank">The Telegraph, 13 October, 2011, http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp</a><div class="clear"></div>
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Home हिन्दी

LIC’s tobacco stain shows by GS Mudur

Published on Oct 13, 2011   Modified on Oct 13, 2011

The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical. Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco products. The LIC investment in ITC had a book value of more than Rs 3,561 crore, while its investment in VST Industries was about Rs 15 lakh, according to information released by the company. It also invested Rs 50 crore in Dharampal Satyapal. “It’s ironic that LIC is investing in an industry that contributes to ill-health and death, and an industry that some arms of the government are trying to discourage,” said Pankaj Chaturvedi, associate professor at the Tata Memorial Hospital, Mumbai. “The public should know where LIC is investing its funds,” Chaturvedi told The Telegraph. “The government has enforced the ban on public smoking and it has also outlined steps to phase out tobacco cultivation in the coming years.” The RTI application had been filed by a consortium called Voice of Tobacco Victims, mainly representing patients with cancer. LIC officials were not immediately available to explain its policy of investing in the tobacco industry. The number of shares held by LIC in ITC jumped from about 522,089,903 on March 31, 2010, to 995,891,658 on March 31, 2011, according to the company’s response to the RTI query. Tata Memorial doctors said the RTI response from LIC suggested it was not charging extra premium on all tobacco users. “It is ridiculous.… LIC invests in tobacco, it doesn’t charge higher premium from addicts, but they may reject the claims of addicts,” Surendra Shastri, head of preventive oncology at Tata Memorial, said in a statement. In response to the RTI query on LIC’s policy on insurance for tobacco users, the company said the risk assessment for consumption of tobacco would take into consideration multiple health factors ranging from quantity and type of tobacco to health conditions of the applicant. “The adverse health effects of tobacco consumption is dependent on (the) quantity of consumption, type of tobacco consumed, duration of consumption and any other associated health condition of the insurance applicant,” LIC said. “Depending on these factors, while large numbers of customers are accepted without any extra premium, some of the applicants may be charged higher premium.” Public health specialists campaigning against tobacco said the investment was unethical because it was against the principle that governments should not invest in tobacco, enshrined in an international convention to which India is a signatory. “On the one hand, India incurs a cost of nearly Rs 10,000 crore each year from tobacco-related health expenses, on the other, LIC invests Rs 3,600 crore in tobacco,” Prakash Gupta, director of the Sekhsaria Institute of Public Health, Mumbai, said in a statement.

The Telegraph, 13 October, 2011, http://www.telegraphindia.com/1111013/jsp/frontpage/story_14618444.jsp

Tagged with: Right to Information Health

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