Mail Business and its Needs. 7-9-2013. Global Scenario. World economy grew at GDP growth rate of 5.1% in 2010 and at 4% in 2011. Fall in growth rate in US at 1.5% in 2011 (3% in 2010), Japan negative growth (-0.5%) in 2011 due to after effects of earth quake and Tsunami (grew at 4% in 2010).
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Without a strong recovery in America or Japan, or a revival in Euro area, the world economy is unlikely to grow much faster than today’s 3%
Payment to the MNREGA beneficiaries
Social Security Payments
Unique Identification Authority:
Consumer Price Index (Rural)
figures in crores of Rs.( one billion = 100 crores )
For sustenance in the long run, Post Banks need to generate adequate revenue and be competitive in the market
Before setting up bank need to have proper risk assessment and a strategy to overcome obstacles created by Banking lobby
*Insurance Penetration is measured as ratio (in %) of Premium (in US$) to GDP( in US$)
Source: Swiss Re, Sigma various volumes as reproduced in Handbook on Indian Insurance Statistics 2007-08 brought by IRDA 2009, Annual Reports IRDA.
- Providing basic coverage for the people of Japan with insurance using simple procedures
-Japan’s most familiar and trusted insurance company.