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 Shri S. K. Roy, Chairman, #LIC Of India
presented a Cheque of Rs 1634.89 Crore on 15th December, 2014
Shri Arun Jaitley Hon’ble Union Finance Minister
as the Government of India’s share of the surplus arising out of the actuarial valuation as on 31.3.2014.

During the fiscal 2013-14, LIC generated a total surplus of Rs. 32685.21 Crore.
After distributing 95% of the surplus to policyholders as bonuses, the balance of 5% amounting to Rs. 1634.89 Crore was the share of the Government.
LIC has registered a growth of 13.80% in generation of surplus in comparison to Last Year’s amount of Rs. 28727.64 Crore.
Shri Rajiv Mehrishi, Finance Secretary , Department of Economic Affairs, Ministry Of Finance along with Dr Hasmukh Adhia, Secretary, Department of Financial Services, Ministry of Finance were present along with Officials from LIC of India Shri S B Mainak MD, Shri V K Sharma MD, Ms Usha Sangwan MD, Shri T T Kabui Zonal Manager, North Zone and
Shri Sat Pal Bhanoo Regional Manager(Corporate Communications),North Zone.



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Printed in TIMES OF INDIA dated 11th March,2014 || Times Nation Section, Page 7