ADB projected growth forecast for 2021-2022 for India at 9.7%

ADB projected growth forecast for 2021-2022 for India at 9.7%

Asian Development Bank has trimmed its 2021 growth forecast for India to 9.7% from 10% but left the 2022 growth forecast unchanged at 7.5%. The inflation forecast of developing Asia was revised to 2.1%  for 2021 and unchanged at 7% for 2022. Asian Development Outlook Supplement Report 2021-22: In its Asian Development Outlook Supplement Report of December 2021, the Asian Development Bank (ADB) has trimmed the growth forecasts for

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Life Insurance Corporation of India rolls out Dhan Rekha plan

Life Insurance Corporation of India rolls out Dhan Rekha plan

LIC has introduced new Dhan Rekha plan with effect from December 13, 2021. LIC’s Dhan Rekha is a non-linked, non-participating, individual savings life insurance plan. The plan has unique offerings. There are special premium rates for female lives, and the plan is allowed to the third gender. Sum assured: 2,00,000. Maximum amount: Nil Survival benefits: 20 years- 10% of Basic Sum

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