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

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A Policy for Every Season

private sector was currently around 16.5 per cent, or about 3 percentage points below that a few years ago. But LIC's ability to maintain a higher ratio, Pai pointed out, depended on the availability of investment proposals from the private' sector and during a slack LIC could not just keep its funds idle. Besides, though LIC's direct participation in the share market

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