Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

T . P. Subramonian

Abstract

Life insurance funds play a significant role in the capital market of every country. When all these funds come to be in the hands of a single stateowned institution in a country, the question of their investment is bound to arouse more than ordinary interest In the context of mobilization of resources for economic development, it should even more be so. The Life Insurance Corporation (L.I.C.) came into being on September 1, 1956.

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