Bima Sakhi Scheme : Recently, the Life Insurance Corporation of India (LIC) signed a Memorandum of Understanding (MoU) with the Department of Rural Development under the Union Ministry of Rural Development to scale up the Bima Sakhi Yojana across rural areas.
o The scheme targets women aged 18 to 70 years who have completed at least Class 10 education.
o Selected candidates receive specialised training and a monthly stipend over three years to promote financial literacy and insurance awareness.
o Stipend Structure: ₹7,000 per month in the first year
- ₹6,000 per month in the second year
- ₹5,000 per month in the third year
o The scheme aims to appoint two lakh Bima Sakhis over a span of three years.
o After completing training, Bima Sakhis can work as LIC agents, and those with graduation qualifications may also be considered for roles as development officers in LIC.
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