Under the leadership of Prime Minister Modi, we are seeing the concrete results of his efforts. Increasingly, agriculture is not found to be remunerative any more.
Positive and long-term improvements can be seen in foodgrains production, horticulture, dairy, poultry and fisheries, access to physical infrastructure such as electricity and roads
There are several beacons of hope in this country, which are bringing about a change and are committed to taking forward the dream of our Prime Minister Narendra Modi who wishes to create a New India. Of course, it is not possible without those who are all making an equal contribution to it.
Private sector participation or Public Private Partnership (PPP), which was conceived more than a decade ago has made dramatic improvements in the way projects have got implemented. The most crucial aspect though, has been to figure out the ways by which it can be scaled nationwide touching all the critical sectors of infrastructure
Life Insurance Corporation (LIC) is the largest financial institution in the country with over Rs 25 lakh crore in assets, which is over 15 per cent of India’s GDP of Rs 134 lakh crore. With around Rs 40,000 crore profit, last fiscal, LIC is the most profitable entity in the country, next only to the RBI, which transferred Rs 66,000 crore
The insurance sector in India has seen landmark changes in the last two years in the form of enactment of the Insurance Laws (Amendment) Act, 2015 and the various regulatory changes that have really created an environment in which the insurance sector can grow in a really big way in the coming years.
In May 2017, Prime Minister Narendra Modi said Artificial Intelligence (AI) would drive human race. It could be debated whether there would be any job left or not. However, experts say there is huge possibility of job creation through AI.