Congress party leaders accused the central government on June 14, 2026, of operating in panic mode on economic management, citing market volatility and questioning financial exposures of public institutions including Life Insurance Corporation of India.
Opposition speakers demanded transparent disclosures on state-backed investment portfolios and alleged that retail investors bear disproportionate risk when policy communication falters.
Ruling-party representatives dismissed the characterization as political theater, pointing to same-day equity gains and rupee recovery linked to lower crude prices.
Analysts say LIC’s equity holdings remain a focal point for debates over quasi-sovereign support for markets during foreign outflow cycles.
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Sources:
https://www.thehindu.com/business/markets/fpi-exodus-continues-62800-crore-pulled-out-from-equities-in-first-fortnight-of-june/article71100454.ece