Priyadarshini is a Senior Research Associate with focus on household finance. She has previously worked as Executive Officer with ECGC Ltd in the field of export credit insurance and as a Research Associate with IFMR LEAD in the theme of financial inclusion of rural households. Priya holds a Master’s in Economics from Madras School of Economics, Chennai. She is interested in understanding the systems and processes that engender social, economic and financial well-being of low-income households.
Insurance is a hard sell anywhere in the world, but more so in developing countries like India, with a population that is predominantly low-income and largely informal. Life insurance, in its current form, came to India through the Europeans (1818) and was slowly Indianized. However, it was the nationalisation of life insurance and the state backing provided to the Life Insurance Corporation of India