Prime Minister Narendra Modi on December 9 launched the ‘Bima Sakhi Yojana’ in Panipat, Haryana. The initiative has been introduced by the Life Insurance Corporation of India (LIC).
Key points
Bima Sakhi Yojana aims to promote financial inclusion and economic independence for women, with a special focus on those in rural and underserved communities.
The Bima Sakhi Yojana is designed to train women between 18-70 years of age, with a minimum qualification of Class X, to become LIC agents.
Participants will receive a stipend for the first three years to encourage financial literacy and awareness.
Upon completing the training, they will be eligible for roles as LIC Development Officers.
This initiative not only provides women access to essential insurance products but also aims to empower them economically by offering sustainable livelihood opportunities.
