The Insurance penetration in India is very low at 3.9 per cent.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
Whatever the ideologies of our leader are, the end result should be nothing more than well being of our fellow citizens, says Khemchand H Sakaldeepi and Nupur Pavan Bang.
During deleveraging the income falls more than reduction in debt due to the austerity measures.
Credit is relevant in the short run but what actually matters is productivity in the long run.
FM he did not come down hard on Rajan to cut rates
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
With inflation figures expected to be well within RBI's target, there may be room for further rate cut.