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PM Modi’s Bima Sakhi Yojana Boosts Women’s Role in Financial Sector

TFI Desk by TFI Desk
9 December 2024
in Economy, Trending
PM Modi’s Bima Sakhi Yojana Boosts Women’s Role in Financial Sector
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Prime Minister Narendra Modi will make a big announcement today at Panipat, Haryana, to empower women and promote their self-reliance. He will unveil the “Bima Sakhi Yojana,” an effort that aims to make women stronger while improving citizens’ financial management. This is part of the effort by the Life Insurance Corporation of India (LIC). The policy will offer opportunities for females from 18 to 70 years of age, provided they have passed at least their 10th grade, as LIC agents.

Today at 2:30 PM

Hon’ble Prime Minister Shri Narendra Modi will launch the ‘Bima Sakhi Yojana’ in Panipat, Haryana

Listen to it live on Indraprastha, Akashvani Gold, Akashvani Live News 24×7, Newsonair App & https://t.co/Y2BZGizsPc@LICIndiaForever I @MIB_India pic.twitter.com/iIBgsAWdMJ

— Akashvani आकाशवाणी (@AkashvaniAIR) December 9, 2024

Under the Bima Sakhi Yojana, women would be trained to become LIC agents after completing at least the 10th standard; they can then sell insurance policies and earn commissions. Such a move will not only empower women but also make financial literacy better and improve socio-economic growth in the country as a whole. This transformational scheme reveals the unwavering commitment of PM Modi towards women’s empowerment, his vision of an inclusive society, and their economic independence.

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The salary under this scheme during the initial year would be ₹7,000, during the subsequent year, ₹6,000 and in the subsequent year would be ₹5,000 only. All those women who gain their marks will also eligible for allowances up to ₹ 21,000. It creates new employment and makes the people empowered financially.

All the preparations for the event in Panipat have been made, and the Haryana Chief Minister, Nayab Singh Saini, along with other important leaders, had already visited the venue to provide instructions. He said that the Bima Sakhi Yojana would empower women further and bring new employment opportunities. The government, he said, is focused on enhancing the living standards of women through Self Help Groups. Moreover, the Nari Shakti Bill passed has further strengthened women.

The Chief Minister hailed PM Modi as the first Prime Minister of the country who is worried about the welfare of the nation’s daughters. He recalled that PM Modi had initiated the “Beti Bachao, Beti Padhao” campaign from Panipat in 2015, which became a national movement. Today, from the same land of Panipat, PM Modi will announce further initiatives for the empowerment of women.

Flagged off a press tour for media delegates to Panipat, where Prime Minister Narendra Modi will officially launch the ‘Bima Sakhi Yojana’ under the aegis of the Life Insurance Corporation of India pic.twitter.com/OrtjkyBOFw

— Dhirendra Ojha (@DG_PIB) December 9, 2024

In a historic moment, over 2,100 women will gather in Panipat, singing ‘Mangal geet’ (auspicious songs) as they welcomed the Prime Minister to the venue. Additionally, more than 100,000 women are expected to gather to welcome PM Modi, setting a record in itself.

 

 

Tags: #SelfRelianceBima Sakhi YojanaLIC AgentsLife InsuranceLife Insurance Corporation of India (LIC)Nari Shakti Billpm narendra modi
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