Jairam Ramesh ‘blames’ the government for the decline of LIC’s market capitalisation

In a tweet posted on Wednesday, he said, “Exactly a year ago today, LIC was listed in the stock market. Its market capitalisation then stood at Rs 5.48 lakh crore. Today, this is down to Rs 3.59 lakh crore–a fall of a whopping 35 per cent!”