SOCIAL SECURITY THROUGH MICRO-INSURANCE IN INDIA

  • Shubhagata Roy Assistant Professor, School of Management Sciences, Varanasi.
DOI: https://doi.org/10.21844/mijia.v12i1.11395
Keywords: Micro-Insurance, micro-credit, micro-finance, ILO, IRDA

Abstract

Micro-insurance phenomenon is one of the most remarkable socio-economic developments of recent times. For a long time, the poor, because of their economic circumstances, were considered noninsurable and non-bankable. However, the "micro-insurance" and "micro-credit" phenomena have shown that the poor can be made insurable and creditworthy if they are organized in small groups. This clearly has deep connotations not just from a finance perspective but, more importantly, from the perspective of poverty mitigation
Published
2016-06-20
Issue
Vol 12 No 01 (2016): Management Insight
Section
Research Article

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