Union Finance Minister Nirmala Sitharaman, stressed the expanding involvement of ladies in the insurance policy market at the launch of LIC’s transformative ‘Bima Sakhi Yojana’, in Panipat, Haryana onMonday “Since 2017-18, the recruitment of women agents has also been undertaken. In 2017, there were 6 lakh women agents, which increased to 7.45 lakh agents by 2023,” she claimed.
The ‘Bima Sakhi Yojana,’ likewise described as a ladies job representative campaign, intends to hire 25,000 ladies as Bima Sakhis in its preliminary stage. The program is made to give monetary and expert chances for ladies, especially those from impoverished histories.
Sitharaman claimed, “The Bima Sakhi Programme, which the Prime Minister is set to launch today, is also referred to as a women career agent programme. Under this initiative, 25,000 women will be appointed as Bima Sakhis.” She included, “Women who have completed their 10th grade will be recruited as agents under LIC recruitment, titled “Mahila Bima Sakhi,” and they will also receive a stipend.”
To take part in the campaign, ladies aged in between 18 and 70 years that have actually finished their 10th-grade education and learning are qualified to use. She specified, “Each Bima Sakhi will earn a monthly stipend of Rs7,000 in the first year, Rs6,000 per month in the second year, and Rs5,000 per month in the third year.”
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She included,”This stipend serves as a basic support allowance. Additionally, women agents can earn commissions based on the insurance policies they secure, with their earnings increasing in proportion to the business they bring in.” In enhancement to the gratuity, Bima Sakhis will certainly make payments based upon the insurance plan they safeguard. This develops a chance for ladies to considerably raise their earnings based upon their efficiency.
After 3 years, individuals can proceed their occupations as long-lasting representatives with LIC, providing a lasting and satisfying job course. Announcing an enthusiastic three-year strategy, Sitharaman specified that the program intends to hire 2 lakh Bima Sakhis by 2026.
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“The aim is to recruit 2 lakh Bima Sakhis over the next three years. Women aged 18 to 70 years can apply for this program. Even after three years, women can continue their association as lifelong career agents in the program,” she mentioned. . .
Prime Minister Narendra Modi released LIC’s’ Bima Sakhi Yojana’ and laid the structure rock for the primary university of Maharana Pratap Horticultural University in Panipat, Haryana on Monday.