Dhanbad: Over 100 employees of LIC of India participated in a conclave of their union, Bima Karmchari Sangh, Hazaribagh division at the Industries and Commerce Hall at Joraphatak Road. During the conclave they expressed their ire against the government’s decision to implement the IPO of LIC of India.

The protest was led by Sumit Kumar Sinha, Joint Secretary of the Hazaribagh division. “The LIC IPO will certainly be a big blow to the very concept of Selfreliant India that the government has been constantly emphasizing upon” said Sinha.

“An institution which does not create profit for itself and works with a single motto of serving the nation and its huge clientele base can only be branded as a mutually benefitting society with the government acting as a trustee,” said Jagdish Chandra Mittal General Secretary of the Hazaribagh division of the union.

“The LIC IPO will undermine the very objectives of its creation,” said Mittal.

Himanshu Shekhar Chaudhary, chief speaker of the conclave said, “Capital is necessary but capitalism is not required for capital creation.”

He further said, “Through IPO an attempt is being made to serve the interest of the capitalist forces by carrying out disinvestment of LIC of India through the route of IPO which is not good for the Indian democracy.”

Former Nirsa MLA, Arup Chatterjee, said, “If a PSU is making loss, then disinvestment seems logical to some extent but by bringing the IPO of an organization like LIC of India which supports other organizations is beyond any comprehension. This is not in the interest of the nation.”

Praduman Choubey

Ranchi defeats Dhanbad by 93 runs JSCA Inter District Under 16 cricket tournament

Jubilant players of Ranchi with their winning trophy and along with guests during the prize distribution ceremony of JSCA Inter District Under-16 Cricket Tournament at Tata Digwadih Stadium in Dhanbad . Gautam Dey

Dhanbad: Ranchi defeated Dhanbad by 93 runs in JSCA Inter District Under 16 cricket tournament final, hosted at Tata Digwadih Stadium of Dhanbad today.

Winning toss Ranchi elected to bat and scored 243 runs on nine wickets in allotted 50 overs . For Ranchi Atul Raj scored maximum 55 runs on 77 balls with help of three sixes and two boundaries. He was closely followed by Hirak Yadav who scored 52 runs on 40 balls with help of three sixes and three boundaries. Siddharth Pal of Ranchi who scored 37 runs on 53 balls with help of seven boundaries also played a crucial role in the state capital team scoring a respectable total.

For Dhanbad, Md Hasan Asif took maximum two wickets while Sunil Kumar Mohali, Eklavya Singh and Archit Srivastava took one wicket each.

Chasing the target, Dhanbad batsman could not show much resistance against the fierce bowling of Ranchi and the entire team was bundled out at score of 149 in 43.2 overs losing the match by 93 runs.

For Dhanbad Siddharth Pal scored maximum 37 runs in 53 bowls with the help of seven boundaries he was followed by Sunil Kumar Mohali and Sahil Kumar Das who scored 23 and 21 runs respectively.

For Ranchi, Rishi Parashar took four wickets which was followed by two wickets each taken by Vivek Kumar Singh and Sarvesh Singh.

Praduman Choubey