CLEAN : Insurance giant LIC, one of India's 'family jewels'

The video discusses India's role as a key economic and social asset, emphasizing its strategic development rather than mere possession. It highlights the cultural significance of insurance in India, likening it to a quasi-bank. The growth of the insurance sector is noted, with challenges faced by private insurers in reaching grassroots levels. The government aims to use this as a model for managing large entities while addressing shareholder concerns.

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