| Event/Highlights | Details |
|---|---|
| Partnership | Life Insurance Corporation of India (LIC) partnered with the Ministry of Rural Development to promote the Bima Sakhi Yojana. |
| Initiative | Bima Sakhi Yojana is a women-centric insurance distribution initiative aimed at empowering rural women. |
| MoU Signed | Memorandum of Understanding (MoU) signed during the 'Anubhuti' Conclave on Financial Inclusion held in Goa from July 8-10, 2025. |
| Objective | Promote women empowerment, financial inclusion, and enhance rural livelihoods through structured insurance career opportunities. |
| Background | LIC introduced the Bima Sakhi Yojana to tap into rural India's potential and support women-led development. |
| Alignment with DAY-NRLM | Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) supports poverty reduction through self-employment and skill development, aligning with Bima Sakhi Yojana's goals. |
| Significance | Empowers rural women by integrating them into the formal financial ecosystem. |
| Key Features | Eligibility: Only women can enroll.Stipend Support: Rs. 7,000 (1st year), Rs. 6,000 (2nd year), Rs. 5,000 (3rd year) based on performance.Career Path: Offers privileges of a regular LIC agent.Alignment with NRLM: Integration with SHGs and rural women collectives.Implementation Support: Facilitated by the Ministry of Rural Development across states. |
| Expected Outcomes | Increase household incomes in rural India, improve financial literacy, and enhance rural insurance penetration. |
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