Prime Minister Narendra Modi will launch LIC’s Bima Sakhi Yojana and lay the foundation stone of the main campus of Maharana Pratap Horticultural University at Panipat in Haryana today. The main campus and six regional research stations, spread over 495 acres, will be established at a cost of over 700 crore rupees. The University will have one College of Horticulture for Graduate and Post-Graduate studies and five schools covering 10 horticulture disciplines. It will work towards crop diversification and world-class research for the development of horticulture technologies.
The Bima Sakhi Yojana, an initiative of the Life Insurance Corporation of India, is designed to empower women aged 18 to 70 years, who are Class X pass. They will receive specialized training and a stipend for the first three years to promote financial literacy and insurance awareness. After training, they can serve as LIC agents and the graduate Bima Sakhis will have the opportunity to qualify for being considered for Development Officer roles in LIC.