 As far as LICs investments are concerned as on 31 3 2018 LIC has an investment of 19 lakhs 50,000 crores as investments say nearly 16 lakh crores are in government securities they are in state government securities central government securities. Another 3.5 lakh crores are in infrastructure investments of this country that is roads and other infrastructure facilities of the government taken up throughout the country. This is the investment priorities of LIC so far but now the government is trying to invest its fund in last making units that is what we are opposing. The government has recently asked the LIC to invest in two institutions you know one is IDBA and the other is IELN and FS company the IELN and FS is concerned it is a PPP company public private partnership company and at the beginning of its business it was promoted by central bank of India UTI and some institutions the problem is last year when IELN and FS was in crisis it was having a debt to the tune of 91,000 crores. The government has asked LIC to invest in the IELN and FS to bring it out of the crisis at that time our LIC management has also accepted to invest funds in the IELN and FS company. We have told the management that the investment of LIC the any investment of LIC should be on its own decision on its own prudence it should not be under coercion LIC is getting money from the people common people of this country. If it invests like this question will arise LIC is investing in losing companies losing financial sector companies losing infrastructure companies so people will lose confidence. As far as investment of LIC in IDBA bank is concerned IDBA bank is having more than 800 branches throughout the country we have also a facility of bank assurance. That means procuring LIC premium LIC policies through banks LIC is already having tie ups with more than 12 nationalized banks for bank assurance business we hope that these 800 branch spread over the country the IDBA bank branches can help procuring the LIC business that we have to wait and see. Life insurance corporation of India is having 30 policies. Traditional policies are there traditional policies means LIC gets premium from the people every month or every quarter it is for a longer period that is for 25 years 20 years 30 years the that means endowment policy money back policy these are all traditional policies once these were the predominant policies of LIC. Some few years back that is after 2000 LIC entered into ULEAP policies also ULEAP policies means the policies were related to market unit linkly insurance policies that means the premium we get it will invested in the share markets that is ULEAP policies. ULEAP policies were there some few years back there is a growth of ULEAP policies under LIC when 2008 crisis came in the year 2008 there was a financial crisis throughout the world then share markets fell down throughout the world in India also we fell to the pinch of it. So the ULEAP market gets its downward from that year onwards so we could not sell ULEAP policies afterwards. So now what we want is LIC should concentrate on traditional policies. Traditional policies only is the basic of life insurance corporation of India getting money from the people invest investment of those money and getting the premium from it that is the basic principle of LIC. As far as our organization the All India Insurance Employees Association is concerned we have been protecting this institution from the beginning itself particularly during the last more than two decades when neoliberal policies were introduced we have been protecting this institution in the public sector. During the 90s when the government wanted to privatize the insurance sector we have given a call and we have given a signature campaign call we went to the people and we have got signatures from the people more than 55,000 signatures we have got from the people at that time during the Narasimha Rao's period we have given it to the government also showing our protest to people's protest against the privatization moves of LIC. Then after another 10 years we have given another call more than 1 crore signatures we have got from the people opposing the privatization move of the government apart from all these things holding demonstrations and programs and seminars getting signatures from the people getting the opinion of the people's representative that is MLAs, MPs and local representatives we have been concentrating on the policy business of the LIC we have given a call to our employees our members we should provide the best service to the policy holders and we have been holding campaigns that is procuring business campaigns servicing of policies campaigns last year in our zone south zone that includes the states of Tamil Nadu Canada and Pondicherry we have we have given a call to procure business on our side from employees union we have given a call we have procured business thousands of policies we have got from the divisions and as far as service of policy holders policies are concerned every year we have been giving call policy servicing call and divisions are holding policies servicing camps these are all the efforts we have been taking to protect the life insurance corporation of India in the public sector even after that the subsequent governments be it the Congress government or be it the Modi government they are trying to privatize the insurance sector particularly the life insurance corporation of India which we will not allow we will definitely fight it to the finish