LIC Bima Sakhi Yojana: PM Modi’s Game-Changing Initiative to Transform 1 Lakh Women into Insurance Agents

bima sakhi yojana
Life Insurance Corporation of India's Bima Sakhi Yojana

LIC Bima Sakhi Yojana: In a landmark move toward women’s financial empowerment, Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana in Panipat, Haryana, on December 9, 2024. This groundbreaking initiative aims to transform over 100,000 women into successful insurance professionals, marking a significant step toward gender equality in India’s financial sector.

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Key Highlights of the LIC Bima Sakhi Scheme

  • Target Audience: Women aged 18-70 years
  • Educational Requirement: Minimum 10th pass
  • Initial Investment: Rs 100 crore allocated
  • Duration: Three-year training program
  • Benefits: Training stipend and commission-based earnings

Comprehensive Training and Support

The program offers a structured three-year training curriculum designed to equip participants with essential financial literacy skills and insurance expertise. Successful candidates will become certified LIC agents, opening doors to sustainable income opportunities, particularly in rural areas where employment options are limited.

PM Modi’s Vision for Women’s Empowerment

During the launch event, Prime Minister Modi emphasized the BJP government’s commitment to removing barriers that have historically hindered women’s progress. “We are determined to eliminate every obstacle from our daughters’ paths, ensuring they can excel in all fields,” the Prime Minister stated.

Symbolic Significance

The launch date holds special significance, coinciding with:

  • The anniversary of the first Constituent Assembly meeting
  • The ongoing International Gita Mahotsav in Kurukshetra
  • The symbolic connection to the nine powers of Goddess Durga

This initiative represents a significant step toward achieving gender equality in India’s financial sector while creating a new generation of financially independent women professionals.

For registration details and more information, interested candidates can contact their nearest LIC office or visit the official LIC website

LIC Bima Sakhi Scheme

LIC Bima Sakhi Yojana, a transformative initiative empowering women aged 18-70 to become professional insurance agents. With an initial investment of Rs 100 crore, the program offers eligible candidates holding a minimum 10th-grade education a comprehensive three-year training in financial literacy and insurance fundamentals. Participants receive a performance-based stipend during training and can earn through commissions upon completion. The scheme particularly focuses on creating employment opportunities in rural areas, combining professional development with financial inclusion. Through structured training and active policy maintenance requirements, the program aims to create a sustainable career path for women while strengthening India’s insurance sector.

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