Government rejects report related to LIC claiming deaths from Corona, clarification came before listing

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new Delhi. The country’s largest insurance company Life Insurance Corporation of India (LIC) is preparing for the launch of the IPO. Meanwhile, there has been a controversy regarding the figures of LIC IPO. The Central Government on Saturday dismissed the reports related to the LIC IPO figures as mere ‘speculation’ which claimed that the death toll due to corona virus in the year 2021 could be much higher than the official figures.

transparent system of government
The Union Health Ministry on Saturday said that there is a transparent and effective mechanism at the panchayat, district and state levels to register the deaths due to Kovid-19 in the country. It was said by the ministry that the registration of death cases is also monitored.

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Government said – biased interpretation was given
The media reports related to the proposed IPO to be issued by LIC have given details of the policies and claims decided by the insurance company, so as to give a speculative and biased interpretation, the statement said. According to the statement, the purpose of this biased interpretation is to show that the death toll from Kovid may be higher than the official figures. “It is clarified that the report is baseless and based on speculation,” the statement said.

According to the statement, the claims settled by LIC included deaths from all causes, but media reports conclude that the deaths due to Kovid were underestimated. Such erroneous interpretation is not based on facts and exposes the bias of the author.

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According to the statement, the government has adopted a globally recognized classification for recording Covid deaths in a transparent manner to ensure transparency. It was also told that under this, the death figures from Kovid recorded independently by the states were prepared by the central government as a whole.

Tags: IPO, LIC IPO, Life Insurance Corporation of India (LIC)

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