New Delhi: The country’s largest insurance company Life Insurance Corporation of India (LIC) is preparing for the launch of the IPO. Meanwhile, there has been controversy regarding the figures of LIC IPO. The Central Government on Saturday dismissed as mere ‘speculation’ reports related to LIC IPO figures, which claimed that the death toll due to coronavirus in the year 2021 could be much higher than the official figures.
a transparent system of government
The Union Health Ministry on Saturday said that there is a transparent and effective mechanism at the panchayat, district, and state levels to register the deaths due to Covid-19 in the country. It was said by the ministry that the registration of death cases is also monitored.
The government said – biased interpretation was given
The media reports related to the proposed IPO to be issued by LIC have given details of the policies and claims decided by the insurance company, so as to give a speculative and biased interpretation, the statement said. According to the statement, the purpose of this biased interpretation is to show that the death toll from Covid may be higher than the official figures. “It is clarified that the report is baseless and based on speculation,” the statement said.
According to the statement, the claims settled by LIC included deaths from all causes, but media reports conclude that the deaths due to Covid were underestimated. Such erroneous interpretation is not based on facts and exposes the bias of the author.
According to the statement, the government has adopted a globally recognized classification for recording Covid deaths in a transparent manner to ensure transparency. It was also told that under this, the death figures from Covid recorded independently by the states were prepared by the central government as a whole.
