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Insurance staff stage ‘walk out’ strike

Special Correspondent

TIRUPATI: Staff owing allegiance to the Insurance Corporation Employees Union have on Tuesday organised a ‘walk-out’ strike in front of the LIC Branch-2 here in response to a call given by their central union.

Employees gathered outside the branch and raised slogans against the UPA government and the LIC management among other things for hiking the FDI in the insurance industry from the present 26 per cent to 49 per cent and for proposing amendments to the Insurance Bill.

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