
LIFE INSURANCE SECTOR DEVELOPMENT AND ECONOMIC GROWTH OF INDIA IN THE CHANGING POLICY REGIME
Ankit Mishra , Department of Economic Studies, Central University of Punjab, Bathinda, India Sajid Khan , Department of Economic Studies, Central University of Punjab, Bathinda, IndiaAbstract
This article examines the relationship between the development of the life insurance sector and economic growth in India amidst changing policy regimes. The life insurance sector plays a crucial role in mobilizing savings, facilitating risk mitigation, and channeling funds for productive investments. The study aims to analyze the impact of policy reforms, regulatory changes, and market dynamics on the growth and performance of the life insurance sector and its influence on the overall economic growth of the country. By synthesizing relevant data and research, this article provides insights into the interplay between life insurance sector development and economic growth in the context of evolving policy frameworks.
Keywords
Life insurance sector, economic growth, policy regime
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