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