Bima Sakhi Yojana launched by Prime Minister Modi to empower women aged 18 to 70 years.
On 9 December, LIC’s Bima Sakhi Yojana launched, and the foundation stone of the main campus of Maharana Pratap Horticultural University at Panipat in Haryana laid by PM Narendra Modi.
The main campus and six regional research centers will be spread over 495 acres and will be set up at a cost of over Rs 700 crore.
The university will have a horticultural college for undergraduate and postgraduate studies and five schools covering 10 horticultural disciplines.
It will work towards world-class research for crop diversification and development of horticultural technologies.
Bima Sakhi Yojana, an initiative of the Life Insurance Corporation of India, is designed to empower women in the age group of 18 to 70 years.
They will be given special training and a stipend for the first three years to promote financial literacy and insurance awareness.
After training, they can work as LIC agents, and Graduate Insurance Sakhis will get an opportunity to qualify for the role of Development Officer in LIC.