17 May 16, 01:01 AM
G. Narayanaswamy: I have gone through the thought-provoking comments of Sh MVV.
There is one more qualitative content in the present situation. It is the hostility of the bureaucracy to liberality in the interpretation & implementation of rules.
It was Sh T.A.Pai former Chairman who brought a whiff of fresh air in the functioning of LIC by rejecting rule-dominant stagnancy in LIC's working. And made it market-friendly and settling disputes with employees.
I am afraid that unless such qualitative change takes over, we will get bogged down in law-courts and stagnation of disputes for years. Do we have any other option except to continue our fight? Regrettably, no.