How LIC’s Secrecy Came Full Circle — From Mundhra to Adani

In this episode of Crosshairs, Sucheta Dalal traces the arc of India’s most powerful financial institution — the Life Insurance Corporation (LIC) — from the 1957 Haridas Mundhra scandal to the present-day Adani controversy. Drawing parallels between Justice M.C. Chagla’s fearless public inquiry and today’s opaque decision-making, she exposes how decades of political interference and bureaucratic secrecy have eroded LIC’s accountability. This is the story of how India’s once-transparent institutions turned into fortresses of silence — and why it matters to every policyholder. Read More: https://www.moneylife.in/article/from... #adanigroup #moneylife #suchetadalal For more information visit our website : http://www.moneylife.in/ Register : http://www.moneylife.in/register/ Follow us on Facebook :   / moneylifedailyclinics   Follow us on Twitter :   / moneylifef