Insurance industry to touch USD 280 bn by FY20: Study
"Push by the government and the regulator has helped increase the penetration of the insurance, as spread of schemes have also increased. Several factors such as growing middle class, young population and increasing awareness towards the need for protection and retirement planning would enable the growth further," the study said.
An effective implementation of Ayushman Bharat scheme will help the entire healthcare and allied sectors, Image source:Pixabay