LIC’s Bima Sakhi Yojana Empowering Women

Why in the News?

  • PM Modi is set to launch Bima Sakhi Yojana in Panipat, Haryana, aimed at empowering rural women.
  • Key Objective: Provide job opportunities and financial support by training women to become LIC agents (Bima Sakhi).

LIC'S BIMA SAKHI YOJANA EMPOWERING WOMEN

Key Features of Bima Sakhi Yojana

  • Training Program: The scheme will train 1 lakh women nationwide, including 8,000 from Haryana, as LIC agents.
  • Stipend Structure: Women will receive Rs 7,000 per month in the first year, Rs 6,000 in the second, and Rs 5,000 in the third year.
  • Financial Literacy: Focuses on insurance awareness and promoting financial literacy among rural women.

Significance of the Event

  • Historical Context: PM Modi had launched the ‘Beti Bachao Beti Padhao’ campaign in Panipat in 2015.
  • Special Occasion: Over 5,000 hoardings in Panipat welcome the PM, with thousands of women expected to attend.
  • Vision of Empowerment: The event aligns with the government’s mission of empowering women for a Viksit Bharat (developed India). The occasion will feature key leaders like Haryana Governor and Finance Minister Nirmala Sitharaman.

Sources Referred:

PIB, The Hindu, Indian Express, Hindustan Times