Economics, Econometrics and Finance
6 months ago

Social insurance in India boosts economy, protects families, and fuels development, showing immense untapped potential for growth.

Indian Scientific Journal Of Research In Engineering And Management
Problems and Prospects of Social Insurance in India
VIKASH RAI

Paper Summary

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Social insurance in India helps protect individuals from financial risks like death or lack of support in old age. It also boosts the economy by providing funds for infrastructure development. Regulators ensure that insurance companies are financially stable to meet their obligations. India has a big opportunity in the insurance sector due to its large population and untapped potential.