PM Launches New Insurance Initiative to empower women

Amal Anzari

Dec 09, 2024 - 1 min read

Prime Minister Narendra Modi launched the Life Insurance Corporation (LIC) Bima Sakhi Yojana in Panipat, Haryana, aiming to empower women aged 18 to 70 across India. For women who have passed Class X, this scheme offers training, a stipend, and the opportunity to become LIC agents, promoting financial literacy and independence. Women will receive a monthly stipend of ₹7,000 ($85) for the first year, followed by ₹6,000 ($73) and ₹5,000 ($60) in subsequent years, based on policy retention.

हमारी सरकार ने बीते 10 वर्षों में नारी सशक्तिकरण के लिए अभूतपूर्व कदम उठाए हैं। आज हरियाणा के पानीपत में बीमा सखी योजना का शुभारंभ और विकास परियोजनाओं का लोकार्पण-शिलान्यास कर अत्यंत खुशी हो रही है।https://t.co/V5cLJIe0yV
— Narendra Modi (@narendramodi) December 9, 2024

"Our government has taken unprecedented steps for women empowerment in the last 10 years. Today I am very happy to launch the Bima Sakhi Yojana.." - PM Modi.