Bima Sakhi Yojana

Source: DD News

Context: Prime Minister launched the Bima Sakhi Yojana in Panipat, Haryana, on December 9, 2024, reinforcing his vision for women empowerment and financial inclusion.

About Bima Sakhi Yojana:

• Launched by: Life Insurance Corporation of India (LIC).

• Aim: To empower women economically by training them as LIC agents and promoting financial literacy and insurance awareness.

• Eligibility criteria:

• Age: 18-70 years. Qualification: Minimum Class X pass.

• Age: 18-70 years.

• Qualification: Minimum Class X pass.

• Features:

• Training and Stipend: Women receive specialized training and a stipend for the first three years. Employment Opportunity: Trained Bima Sakhis can serve as LIC agents, with opportunities to advance as Development Officers. Insurance Coverage: Promotes insurance awareness and access to affordable insurance products. Economic Independence: Offers sustainable livelihood and additional income for women.

• Training and Stipend: Women receive specialized training and a stipend for the first three years.

• Employment Opportunity: Trained Bima Sakhis can serve as LIC agents, with opportunities to advance as Development Officers.

• Insurance Coverage: Promotes insurance awareness and access to affordable insurance products.

• Economic Independence: Offers sustainable livelihood and additional income for women.

• Significance:

• Financial Inclusion: Extends banking and insurance services to underserved communities. Economic Empowerment: Provides women with an opportunity to earn ₹1.75 lakh annually on average. Social Impact: Enhances the role of women in rural and urban economic ecosystems. National Vision: Supports India’s resolution to become a developed nation by 2047 by leveraging women’s participation in economic growth.

• Financial Inclusion: Extends banking and insurance services to underserved communities.

• Economic Empowerment: Provides women with an opportunity to earn ₹1.75 lakh annually on average.

• Social Impact: Enhances the role of women in rural and urban economic ecosystems.

• National Vision: Supports India’s resolution to become a developed nation by 2047 by leveraging women’s participation in economic growth.

Insta links:

• LIC scheme

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