Thursday, June 5, 2025
HomeGovernment and PolicyPM Modi to launch LIC Bima Sakhi Yojana in Haryana; Here's all you need...

PM Modi to launch LIC Bima Sakhi Yojana in Haryana; Here’s all you need to know about the program that aims to empower women

Notably, the program will first be launched in Haryana in phases and later will be introduced to the entire country. As per the reports, in the first phase, around 35,000 women will be recruited and later around 50,000 women will be given an opportunity.

On Monday, 9th December, PM Modi is going to inaugurate the Life Insurance Corporation of India’s Bima Sakhi Yojana at an event in Haryana’s Panipat to empower the women’s community for a developed India. As per the government release, the program will help women adopt the opportunities to become LIC agents and will receive monetary support of a maximum of up to Rs 7000 per month.

The event is scheduled to be attended by several Union leaders like Finance Minister Nirmala Sitharaman, Haryana Governor Bandaru Dattatreya, Haryana Chief Minister Nayab Singh Saini, and other ministers from both the center and the state.

PM Modi shared insight about the project and said on X that the center was committed to empowering women for the development of the country.

“We are committed to the empowerment of mothers, sisters, and daughters across the country. In this series, I will get the opportunity to launch the Bima Sakhi Yojana in Panipat, Haryana at around 2 pm today. During this time, I will also lay the foundation stone and inaugurate many other projects,” he said.

As per the government sources, the initiative by the Life Insurance Corporation of India (LIC) looks forward to empowering women aged between 18 to 70 who have completed their basic Class 10 education. The women interested in the scheme will be given specialized training and a monetary stipend for the first three years to encourage financial literacy and insurance awareness.

“After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC. Prime Minister will also distribute appointment Certificates to prospective Bima Sakhis,” the official statement added.

During the first year, the women will receive Rs 7,000 per month. The following year, the sum will be reduced to Rs 6,000 per month and by the third year, the women will be paid Rs 5,000 per month. They will further receive an additional Rs 2,100 as an incentive. Reports suggest that commission-based incentives will also be offered for meeting insurance targets.

Notably, the program will first be launched in Haryana in phases and later will be introduced to the entire country. As per the reports, in the first phase, around 35,000 women will be recruited and later around 50,000 women will be given an opportunity.

During the event, apart from the Bima Sakhi scheme, the Prime Minister will also lay the foundation stone of Maharana Pratap Horticultural University’s main campus in Karnal. The main campus and six regional research centers will cover 495 acres and cost more than Rs 700 crore. As per the government release, the University will have one College of Horticulture for graduate and post-graduate programs, as well as five schools that include ten horticulture fields. The initiative would aim to diversify crops and conduct world-class research to improve horticultural technology.

Join OpIndia's official WhatsApp channel

  Support Us  

For likes of 'The Wire' who consider 'nationalism' a bad word, there is never paucity of funds. They have a well-oiled international ecosystem that keeps their business running. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Who is Madam N, the Pakistani woman who lured Jyoti Malhotra and other Indian influencers into spying for ISI: Here’s how she was working...

Codenamed as ‘Madam N’, Noshaba Shehzad runs a Lahore-based company 'Jaiyana Travel and Tourism’. Her name emerged in during interrogation of arrested Indian influencers who were operating as Pakistani spies. This Madam N was working to set up a massive sleeper cell network of at least 500 spies who can hide in plain sight across India and transfer sensitive information to ISI.

13000+ properties worth ₹1 lakh crore: Know what is enemy property, about Waqf Board’s attempts to usurp them, and how Modi Govt ensured such...

Enemy properties are those properties which belonged to those people who left India during the India-Pakistan partition of 1947 or after 1962 (war with China), 1965 and 1971 (wars with Pakistan) and took citizenship of Pakistan or China.
- Advertisement -