Volume : III, Issue : VIII, August - 2013

Micro Insurance: a Spectacular View on Rural Development in India

Sanjeev Kumar Srivastaw

Abstract :

Micro insurance is the tool that protects rural as well as poor urban people by offering low cost insurance to mitigate their risk. With the opening up of the economy and as per the regulation of IRDA private insurance companies also tries to exploit the rural market. But still LICI is a major player so far as the employment generation is concerned [in the form of insurance agents] as well as offering of social security and life risk. In this paper an attempt has been made to evaluate the present position of micro insurance in India and its role in respect of risk mitigation and economic upliftment.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Sanjeev Kumar Srivastaw Micro Insurance: a Spectacular View on Rural Development in India Indian Journal of Applied Research, Vol.III, Issue.VIII August 2013

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