LIC Bima Sakhi Yojana: Rs 7,000/Month for Women, 2.2 Lakh Hired

• LIC Bima Sakhi Yojana was launched by the Indian government in December 2024, specifically for women.
• The scheme offers women financial independence through a monthly income of up to Rs. 7,000, commissions, and training to become LIC agents.
• Participants receive Rs. 7,000/month in the first year, Rs. 6,000 in the second, and Rs. 5,000 in the third, plus performance-based incentives.
• Women aged 18-70 with a 10th-grade pass are eligible; the scheme aims to empower women and promote insurance awareness in rural areas.
• As of August 7, 2025, over 2.20 lakh women have been employed under this scheme, as stated by Union Minister Pankaj Chaudhary.

Why It Matters: LIC Bima Sakhi Yojana empowers women financially and boosts insurance reach in rural areas.