LIC + Government Team Up to Empower Women in Villages

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On July 21, 2025, LIC and the Department of Rural Development (DoRD) signed an agreement to promote something powerful in rural India:

A scheme called Bima Sakhi Yojana — where women become insurance champions in their villages.

What happened?

  • LIC (Life Insurance Corporation of India) signed an MoU (Memorandum of Understanding) with DoRD (Ministry of Rural Development).
  • The signing took place during the “Anubhuti” National Conclave on Financial Inclusion in Goa (July 8–10, 2025).

What is Bima Sakhi Yojana?

  • It’s a LIC-led scheme to train women from rural areas to:
  • Educate villagers about insurance
  • Help them get insured
  • Earn a commission by doing so
This mission is aligned with the Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM).

Who can join?

  • Women aged 18 to 70 years
  • Must have passed at least Class 10
  • They will get 3 years of training + monthly stipend

What is the benefit for women?

  • Each selected Bima Sakhi woman will receive: Monthly Stipend of ₹7,000 for 1st year,₹6,000 in 2nd year and ₹5,000 in 3rd year.
  • And on top of that, they’ll earn commissions for getting people insured.
  • "Target: Insure 2 people per month or 24 per year"

Why is this important?

  • Helps rural women earn and become financially independent
  • Spreads insurance awareness in villages
  • Promotes financial inclusion
  • Connects rural families with LIC policies and security

In short:

India’s rural women are being trained to become insurance warriors, one policy at a time.
LIC gives them skills + salary + commission, while villagers get financial protection.
A win-win mission — the heart of true rural empowerment.

Question 1:

Who launched the Bima Sakhi Yojana?

A. Ministry of Finance
B. LIC (Life Insurance Corporation of India)
C. Ministry of Home Affairs
D. NABARD

Question 2:

What is the age limit for women to join the Bima Sakhi Yojana?

A. 18 to 60 years
B. 21 to 70 years
C. 18 to 70 years
D. 25 to 65 years

Question 3:

What is the monthly stipend for Bima Sakhi volunteers in the first year?

A. ₹5,000
B. ₹6,000
C. ₹7,000
D. ₹8,000

Question 4:

The Bima Sakhi Yojana is aligned with which national mission?

A. Skill India Mission
B. National Digital Health Mission
C. Deendayal Antyodaya Yojana – NRLM
D. Pradhan Mantri Awas Yojana

Question 5:

What is the minimum insurance target set for each Bima Sakhi per year?

A. 10 policies
B. 24 policies
C. 50 policies
D. No fixed target

Answers:

1. B
2. C
3. C
4. C
5. B





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