PM Narendra Modi launches LIC's 'Bima Sakhi Yojana' to empower women

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IRDAI may give training to these women to become permanent development agents after clearance of an exam," Sitharaman said.

Mohanty further said that people enrolled under this scheme can sell all policies under LIC, however, they are expected to sell low-value policies.“The aim is to penetrate the untapped areas and have at least one enrolled candidate in every panchayat area,” he added.

He also said that the company expects these women to sell 24 policies per year and they will be eligible for commission over and above the stipend.

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Category: BusinessFinance

Markets: India

Topics: Nirmala Sitharaman Bima Sakhi Yojana Life Insurance Corporation Insurance industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 21:34:00 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 516 words

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Sentences: 20 lines

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News ID: 24283985

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