The committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insurance said that like other nations India too will need to attract multiple players if it wants to substantially increase insurance penetration.source https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-panel-suggests-reducing-entry-level-capital-requirement-for-micro-insurance-companies/articleshow/78600656.cms
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