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Visakhapatnam, October 2 2005

Life Insurance Corporation of India (LIC) is observing October as ‘Social security month’. Director of Khadi and Village Industries Commission K.Krishna Swamy lighted a lamp to mark its inauguration.

He said that the Government of India had launched a social security fund with Rs.100 crores in 1987. The fund would be used for financing LIC schemes for weaker and vulnerable sections at subsidized rates.

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