It has been estimated that, out of the vast number that has joined the productive class, LIC covers around 1 .2 million while the rest wait for suitable insurance policies. ... According to conservative estimates, the number of credit cards would exceed six million by 2001. ... However, the annual growth in average insurance premium in India is 8.2 per cent compared to the global average of 3 to 4 per cent .
|Title||:||Privatisation in India|
|Publisher||:||Mittal Publications - 2001|