The following booklet titled “A Study of a State Monopoly Enterprise in Practice” was published on June 9, 1963, and was authored by M.R. Pai. This booklet analyzes the functioning of Life Insurance Company (LIC), a state monopoly enterprise, in light of its new policies for 15 months from January 1962 to March 1963. The author highlights the company’s progress since its inception in 1957 and brings to attention the poor results of its current policies.