Prime Minister Narendra Modi is set to launch the Bima Sakhi Yojana from Panipat, Haryana, a scheme aimed at empowering women and promoting financial inclusion across India. This initiative, spearheaded by the Life Insurance Corporation of India (LIC), is designed to provide women with opportunities for economic independence by involving them in the insurance sector.
What is Bima Sakhi Yojana ?
The Bima Sakhi Yojana is specifically targeted at women aged between 18 to 70 years who have completed at least their 10th standard education. The scheme’s primary goal is to train women to become LIC agents, helping them generate income while promoting LIC’s insurance products within their communities.
Women will get Rs7000 per month
scheme, participants will receive a monthly salary over a three-year period, which will gradually decrease as they gain experience and skills. In the first year, women will be paid Rs 7,000 per month, followed by Rs 6,000 in the second year, and Rs 5,000 in the third year. This salary structure ensures that women are financially supported while they undergo training and build their careers in the insurance industry.
8000 female’s will get opportunity
A total of 8,000 women will be selected to participate in this program, and they will receive training from LIC to become qualified agents. This training will not only provide women with technical knowledge of the insurance sector but also improve their confidence, financial literacy, and entrepreneurial skills.
Benefits of the scheme
The Bima Sakhi Yojana is expected to significantly improve the economic status of women by offering them a steady source of income and a chance to build a career. Moreover, it aims to increase women’s participation in the financial sector, which has traditionally been male-dominated. By becoming LIC agents, women will be able to serve as role models in their communities, helping to create awareness about the importance of insurance and financial planning. PM Modi’s launch of the Bima Sakhi Yojana underscores the government’s commitment to women’s empowerment and financial inclusion, two key pillars of its development agenda.
