Today's Cancelled Trains
Railway Employees News
06:33
Showing posts with label Income. Show all posts
Showing posts with label Income. Show all posts
Monday, 29 January 2018
Tuesday, 28 February 2017
Maximo
19:47
Life Insurance Corporation Of India Posted robust growth of 12.43% in the Total Premium Income
Life Insurance Corporation Of India Posted robust growth of 12.43% in the Total Premium Income
Mumbai: February 27,2017
Life Insurance Corporation of India’s total gross income of nine months ending December 2016 grew by 15.76% to 337465 cr. against Rs.291511 cr. last year. The new business performance of the corporation saw an impressive increase of 40.11% in first premium while the corporation posted robust growth of 12.43% in the total premium income at Rs145031cr compared to Rs1, 29,001 cr. during the previous year.
The total assets also showed a phenomenal growth to Rs2441946 cr. as opposed to Rs2164652 cr. the previous year which is an increase of 12.81%. The Corporation has added more than 44000 agents to the rolls.
Addressing the gathering, Mr. V.K. Sharma, Chairman, LIC of India stated that, on the occasion of Dimond Jubilee, LIC launched a special plan, ‘Bima Diamond’ Corporation. Corporation sold over 5,86, 000 policies under the plan collecting over 322cr. premium. He further said that, corporation has recorded healthy results based on its strong fundamentals and core values. Trusted customers across the country have supported and enabled LICto report a robust financial performance.
About LIC
Life India Corporation has eight zonal offices, 113 divisional offices and 2048 branch offices all over the nation The headquarter is in Mumbai, Maharashtra; while 1403 satellite offices and 1238 mini offices serve the nation.
The corporation which was started with an initial capital of rs.5 cr. subsequently raised to Rs.100 cr. has built a formidable institution with assets worth over 24 Lac cr. Today, LIC has servicing about 29 crore policies.
PIB/ SA (BG)
Source:PIBMUMBAI
Tuesday, 23 June 2015
NSSO
20:41
NSSO Conducted Survey for spending patterns of working class
NSSO Conducted Survey for spending patterns of working class
In a bid to understand the spending patterns and living conditions of working class, the Centre has decided to conduct a survey of workers’ family income and expenditure.
The survey, which will be conducted by the National Sample Survey Organisation, a Government of India body, will be used to finalise consumer price index (CPI) numbers for the working class. The CPI is the base for deciding dearness allowances (DA) of the working class.
“The Working Class Family Income and Exemption Survey-2015 will cover workers engaged in seven organised sectors of employment-registered factories, mines, plantations, ports & docks, public motor transport undertakings, electricity generating and distributing establishments, and railways,” an official from NSSO told Deccan Herald.
The survey will be conducted in 88 centres spreading across 28 states and union territories including Delhi, Karnataka, Andhra Pradesh and Uttar Pradesh. The survey will be conducted in eight places in Karnataka — Bengaluru, Belagavi, Chikkamagaluru, Davangere-Harihar, Hubballi-Dharwad, Kodagu, Mysuru and Mangaluru.
With the last such survey conducted around 15 years back in 1999-2000, the fresh survey required following a lot of changes in spending patters and lifestyles of workers in the past one-and-half decade, said the official.
The results of the survey will be utilisd for the purpose of revising the consumer price index numbers compiled by the Labour Bureau, said the official, adding that it will also show the light of living conditions of the working class. The surveyor will ask questions to a working class family about its living conditions, including spending on food, clothes, entertainment, health and education.
Source: DeccanHerald
