ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Fifth Royal Commission on Labour

the strain exceeds the loading margin provided in the insurance premium. New business as well as business in force outside India declined between 1961 and 1965-66, the former from Rs 10.03 crores to Rs 8.50 crores and the latter from Rs 115 crores to Rs 112 crores. Though separate accounts for foreign business are not available, it could be said that LICs foreign business does not pay its way.

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