Business Daily from THE HINDU group of publications
Monday, Sep 04, 2006
Business Daily from THE HINDU group of publications Monday, Sep 04, 2006 |
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Opinion
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Letters LIC's performance
This is with reference to "LIC plans to invest Rs 90,000 cr this yr" (Business Line, September 2). This investment is possible because of the phenomenal growth of the LIC during the 50 years of its existence and the spectacular performance of the present cadre. It was reported that the Indian life insurance industry recorded a growth rate of 95.4 per cent during the fiscal ended March 31, 2006, a world record. However, there is a lot more scope for growth considering the economic boom and expansion to rural areas. And servicing needs to be further improved. A. Jacob Sahayam Thiruvananthapuram
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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