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Investment tracker

Investment tracker
Business Standard
Last Updated : Sep 08 2016 | 12:04 AM IST
The Life Insurance Corporation of India (LIC) has seen a big rise in its infrastructure and social sector investments in the past three years.



According to LIC's annual report, for the past three financial years, its infrastructure and social sector investments have risen from Rs 22,371 crore in FY14 to Rs 23,564 crore in FY16. Of this, the power sector, which initially took up the largest chunk of investments in this segment, is being slowly taken over by the housing sector.

 


Water supply, irrigation and sewerage schemes have more or less similar investments made every year, whereas transport/roads have seen fluctuations each year, according to data.

Total investments by LIC have zoomed to Rs 21 lakh crore in FY16 from Rs 16.8 lakh crore in FY14.

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First Published: Sep 07 2016 | 10:42 PM IST

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