Prime Minister Shri Narendra Modi launches LIC’s Bima Sakhi Yojana

Tags: National News

Prime Minister Shri Narendra Modi launches LIC’s Bima Sakhi Yojana

Why in the news?

• The Prime Minister Shri Narendra Modi today launched the ‘Bima Sakhi Yojana’ of Life Insurance Corporation, in line with his commitment to women empowerment and financial inclusion, in Panipat, Haryana. 

What is The ‘Bima Sakhi Yojana?

• The ‘Bima Sakhi Yojana’ initiative of Life Insurance Corporation of India (LIC) is designed to empower women aged 18-70 years, who are Class X pass.
• They will receive specialized training and a stipend for the first three years to promote financial literacy and insurance awareness. 
• After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC.
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