Indian Insurance Sector News

According to the Economic Survey 2021–22, India's insurance penetration rose consistently from 2.71 percent in 2001 to 4.2 percent in 2020.

In general, two factors—insurance penetration and insurance density—are used to evaluate the potential and performance of the insurance business globally.

The ratio of insurance premium to GDP is used to calculate insurance penetration.
India's insurance penetration stands at 2% compared to the 7.4% average for the world.
The ratio of premium to population—measured in US dollars for ease of international comparison—is used to assess insurance density.
India saw an increase in insurance density from $11.5 in 2001 to $78 in 2020.

From 945 females to 1000 males in 1991 to 927 females to 1000 males in 2001, this national ratio has decreased. From 882 in the year 1991 to 875 in the year 2001, it decreased in Punjabi.

Punjab now has the lowest female to male ratio, and by 2011, it is anticipated to have less than 850 females for every 1000 males. Unconfirmed sources claim that over the past ten years, there have been over two crore cases of female foeticide in India. 
In this nation, the single woman is seen as "Kanika"—a divine person deserving of worship—rather than as a potential partner for sex or a source of lust. Small kanjaks are welcomed to certain of our celebrations, like Ashtami and Durga Puja, and their feet are cleaned by

the household's elders receive halva-puri in the presence of the gods, followed by a 'dakshina' to send them farewell. This still holds true now just as it did a century ago.
Female foeticide is an affront to our intellect, wisdom, and overall ethos. It violates our traditional cultural values and is a sin. It could have disastrous repercussions.
Unfortunately, it seems that the Indian psyche is severely biassed against having a girl child. The courage to fix it must come from someone. Why can't some daring reformers state that their daughters, not their sons, would carry out their death rites? What’s

is that incorrect in some way?
It is a sad fact that many people who commit female foeticide frequently visit the sacred sites of Mata Vaishno Devi, Jawala Ji, Chintpurni, and others.When one sees such egregious hypocrisy, one wants to cry. People are shouting phrases like "Jai Mata di," "Jaikara Sheranwali Mata da," "Sanche Darbar Ki Jai," etc. while simultaneously sobbing uncontrollably. 
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