Chief Minister K. Chandrashekhar Rao showed his disagreement with the central policies. He recently landed on the Centre to invest in Public Sector Companies (PSU) and hand over them to corporate houses across the country. He said that the Narendra Modi government was risking the lives of millions of employees and their families through investments. He pledged to stand up to the TRS employees and make every effort to protect the PSUs.

The GHMC preparatory meeting was held on Wednesday with TRS MPs, MLAs and MLCs at Telangana Bhavan. Cm Chandrashekhar Rao said that the first Prime Minister Jawaharlal Nehru had set up several PSUs with a very far sighted view. He said that people have been benefiting from these PSUs for decades, but the BJP government at the Centre is deliberately weakening them through investments to hand them over to corporates. He believed that the then Prime Minister Atal Bihari Vajpayee had started destroying the PSUs under the guise of investment. He said the Vajpayee government invested in seven PSUs, while the Manmohan Singh government invested in three more PSUs, while the Modi government had invested in 23 PSUs.

Chandrashekhar Rao said that india, which has 40 crore policyholders, has a pride of LIC and has assets of Rs 30 lakh crore. He believes that the Union Budget has announced the LIC dividend of Rs 2,600 crore in 2020-21. "LIC is effectively implementing the Ritu Insurance Policy of the Telangana Government. Where is the need to privatize such an organization, it is important and necessary for the hour. He demanded that he know.

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