<h1>Finance Minister Calls for Stronger Social Security Systems in India, Highlights LIC's Role in Economic Growth.</h1> Union Finance Minister emphasized the need to enhance India's social security systems to become a pensioned and insured society. At LIC's Diamond Jubilee event, he highlighted the importance of affordable insurance and social security for citizens, especially in crises. Despite resistance from workers unions to a pension proposal, he believes this will change. LIC's vast network positions it well to expand social security coverage. Jaitley praised LIC for thriving in a competitive market and noted its significant role in India's economic growth. LIC announced a special Diamond Jubilee bonus for eligible policies and launched a new insurance policy.