The two main parties of the ruling class, BJP and Congress, are fully in favour of further privatising and opening up the Insurance Sector to foreign capital. It is the working class which has been vigorously opposing this course. The main aim of the privatisation of insurance and pension sector is to provide access to Indian and foreign bourgeoisie to the huge savings of people accumulated in the form of insurance funds and pension funds. The big bourgeoisie wants to control this massive capital, as well as expand it. Foreign insurance giants have the same interests. Increasing the FDI limit in insurance is aimed at joint exploitation of the insecurities of the people by the parasites of finance capital.