SOCIAL SECURITY THROUGH MICRO-INSURANCE IN INDIA

  • Shubhagata Roy Assistant Professor, School of Management Sciences, Varanasi.
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
2020-04-02
How to Cite
Shubhagata Roy. (2020). SOCIAL SECURITY THROUGH MICRO-INSURANCE IN INDIA. Management Insight, 12(1), 70-77. Retrieved from https://journals.smsvaranasi.com/index.php/managementinsight/article/view/403