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Impact of Insurance Sector on Indian Economy
The waves of globalization have influenced the insurance sector worldwide. Life insurance makes a substantial contribution to growth and transformation of Indian Economy. The Indian economic development got a boost through its Economic reforms in 1991 and again through its renewal in the 2000. In the present paper an effort is made to study the factors which affect the relationship between economic growth and insurance sector in the Indian economy.
Keywords
Life Insurance, economic growth, Globalization
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