Micro Insurance in India-Protecting the Poor. Kishor, N. R.; Professor, A.; Commerce, D. O.; and Administration, B.
abstract   bibtex   
“If we stop thinking of the poor as victims or as a burden and start recognizing them as resilient and creative entrepreneurs and value conscious consumers, a whole new world of opportunity will open up.” Dr. C K Prahalad “With global warming strongly impacting in India and elsewhere, the discussion on adaptation and insurance is intensifying. Also, insurance for the poor is a coping mechanism that helps prevent affected people from falling deeper into poverty.”-Thomas Loster, Chairman of the Munich Re Foundation “While growth is the best antidote for poverty, governments must now turn their attention to those who are at the bottom of the income pyramid. It is clear that wealth does not percolate down to society’s poor, in India some 250 million people. Over half of the Indian population have no access to banking products, let alone insurance products. Addressing these concerns is as important as focusing on growth,”-Mr. Sri P. Chidambaram Microfinance is it self one of the most important, remarkable phenomenon in developing the socio – economic environment of the poor. Because of their poor socio and economic background most of the financial institutions thought that poor are not bankable. Microfinance has proved that these poor can be made credit worthy if they are organized in small groups.Microinsurance is the term used to refer the insurance to the low income people
@book{kishor_micro_nodate,
	title = {Micro {Insurance} in {India}-{Protecting} the {Poor}},
	abstract = {“If we stop thinking of the poor as victims or as a burden and start recognizing them as resilient and creative entrepreneurs and value conscious consumers, a whole new world of opportunity will open up.” Dr. C K Prahalad “With global warming strongly impacting in India and elsewhere, the discussion on adaptation and insurance is intensifying. Also, insurance for the poor is a coping mechanism that helps prevent affected people from falling deeper into poverty.”-Thomas Loster, Chairman of the Munich Re Foundation “While growth is the best antidote for poverty, governments must now turn their attention to those who are at the bottom of the income pyramid. It is clear that wealth does not percolate down to society’s poor, in India some 250 million people. Over half of the Indian population have no access to banking products, let alone insurance products. Addressing these concerns is as important as focusing on growth,”-Mr. Sri P. Chidambaram Microfinance is it self one of the most important, remarkable phenomenon in developing the socio – economic environment of the poor. Because of their poor socio and economic background most of the financial institutions thought that poor are not bankable. Microfinance has proved that these poor can be made credit worthy if they are organized in small groups.Microinsurance is the term used to refer the insurance to the low income people},
	author = {Kishor, N. Ratna and Professor, Assistant and Commerce, Department Of and Administration, Business},
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