Mangalore, Feb 2: The members of LIC Agents Organisation of India organised a protest march from LIC office at Pandeshwar to the DC Office on February 1, Saturday demanding to revoke the service tax levied on insurance premium.
Addressing the protestors, state unit Secretary Ramesh Kumar said that the Union government moves towards privatisation of PSUs in insurance, telecommunication and banking sectors by encouraging FDI is condemned.
He also condemned the government decision to reduce the LIC agents commission and urged the governmnt to withdraw the decisoon.
Gangadhar Salian, President of the Udupi branch, Sunil Kumar Bajal, Honorary President and others were present.