Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If you need an accessible version of this item please contact JSTOR User Support

Nationalisation of Life Insurance in India

Kamal Nayan Kabra
Economic and Political Weekly
Vol. 21, No. 47 (Nov. 22, 1986), pp. 2045-2053
Stable URL: http://www.jstor.org/stable/4376358
Page Count: 9
  • Read Online (Free)
  • Download ($9.00)
  • Cite this Item
If you need an accessible version of this item please contact JSTOR User Support
Nationalisation of Life Insurance in India
Preview not available

Abstract

Life insurance is a specific illustration of the process of nationalisation where non-ideological, sector or activities-specific compulsions were decisive. It was based on an unannounced quiet inquiry spread over a number of years which showed that neither a code of conduct nor legislation could make private insurers operate to protect the interest of the policyholders. However the Life Insurance Act gave clear evidence of the absence of any doctrinaire bias against the private sector. In the context of the new industrial policy which was then on the anvil, it was essential that nationalisation of life insurance did not give contradictory signals and tilt the power and ideological balance in the Indian economy.

Page Thumbnails

  • Thumbnail: Page 
2045
    2045
  • Thumbnail: Page 
2046
    2046
  • Thumbnail: Page 
2047
    2047
  • Thumbnail: Page 
2048
    2048
  • Thumbnail: Page 
2049
    2049
  • Thumbnail: Page 
2050
    2050
  • Thumbnail: Page 
2051
    2051
  • Thumbnail: Page 
2052
    2052
  • Thumbnail: Page 
2053
    2053