LIC not being privatized, all money is safe: RS Prasad

Ravi Shankar Prasad, who is the current Union Minister holding the Law and Justice, Communications and Electronics and Information Technology portfolios in the Government of India, spoke at length with ABP News on Budget 2020 and other issues of economy. When questioned about the privatisation of LIC and IDBI, Prasad said that LIC is not being privatised; rather the government has proposed divestment of some part. “We want it to have more professionalism and accountability,” he said in ABP News' Jan Man Dhan conclave.