Q. Bima Sakhi Yojana is an initiative of which institution?
Answer: Life Insurance Corporation (LIC)
Notes: The Prime Minister launched the Bima Sakhi Yojana in Panipat, Haryana. The scheme is an initiative by the Life Insurance Corporation (LIC) to empower women aged 18-70 with Class 10 education. Women will receive specialized training, financial literacy, and insurance awareness. They will get a stipend of Rs. 7,000 in the first year, Rs. 6,000 in the second, and Rs. 5,000 in the third year. Female agents will also earn commissions, starting with Rs. 48,000 in the first year. The goal is to appoint 2 lakh Bima Sakhis in three years, with the possibility of future development officer roles.

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