postal insurance sentence in Hindi
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- That's because the ministries have drawn for decades on the vast resources of that system, as well as on the postal insurance system and other sources, to help fund their own " shadow budget ."
- The Japanese government will have to break up its postal insurance system before putting it into private hands or else the nation's life insurers won't be able to compete with it, an industry group warned.
- Meanwhile, the Ministry of Posts and Telecommunications said Thursday that its postal insurance system and the postal savings system have decided to suspend new business with Yamaichi for the time being because of the scandal.
- In April, Keidanren, Japan's most powerful business lobby, proposed that the government separate the postal savings and the postal insurance systems from the jurisdiction of the Posts and Telecommunications Ministry and make them public corporations.
- And late last year, a proposal by Prime Minister Ryutaro Hashimoto to privatize the 220 trillion yen ( $ 1.75 trillion ) postal savings system and the 100 trillion yen postal insurance unit was shot down.
- For instance, the postal savings bank and postal insurance system have about $ 65 billion in foreign securities on which they have suffered nearly $ 14 billion in losses because of the rise of the yen.
- The mass-circulation Asahi newspaper reported Friday the government intends to pump 1.3 trillion yen ( dlrs 10.16 billion ) in postal savings and postal insurance funds into the stock market by the end of this month.
- The cut follows last week's Finance Ministry decision to lower the so-called " yotaku " rate, at which the government pays interest on funds borrowed from the state-run postal savings, postal insurance and the national pension fund.
- The shadow budget, or " zaito " as it is known, is mainly funded by deposits from the 230 trillion yen postal savings system, the 110 trillion yen postal insurance system and the national pension fund system.
- And late last year, a proposal by Prime Minister Ryutaro Hashimoto to privatize the 220 trillion yen ( $ 1 . 75 trillion ) postal savings system and the 100 trillion yen postal insurance unit was shot down.
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