SF Prep Notes

PM launches LIC's Bima Sakhi Yojana in Panipat

On 9 December 2024, in Panipat, Haryana, PM Narendra Modi launched LIC's Bima Sakhi Yojana for women and laid the foundation stone of the main campus of Maharana Pratap Horticultural University, Karnal.

Summary

On 9 December 2024, in Panipat, Haryana, Prime Minister Narendra Modi launched the 'Bima Sakhi Yojana' of the Life Insurance Corporation (LIC) to promote women's empowerment and financial inclusion. The scheme is for women aged 18-70 years who have passed Class X; they will receive specialised training and a stipend for the first three years to promote financial literacy and insurance awareness, and the PM said the target is to provide employment to 2 lakh women. He also laid the foundation stone of the main campus of Maharana Pratap Horticultural University, Karnal, which with six regional research stations over 495 acres will cost over Rs 700 crore.

Key facts

Date / place
9 Dec 2024, Panipat, Haryana
Scheme
Bima Sakhi Yojana (LIC)
Eligibility
Women 18-70 years, Class X pass
Support
Training + stipend for first three years
Target
2 lakh women
Also
Foundation stone, Maharana Pratap Horticultural University, Karnal

Practice MCQs 5 questions

Q1

Where did PM Narendra Modi launch the Bima Sakhi Yojana on 9 December 2024?

Show answer

Correct answer: B — Panipat, Haryana

PIB (9 Dec 2024): the PM launched LIC's 'Bima Sakhi Yojana' in Panipat, Haryana; he laid the foundation stone of the horticultural university campus at Karnal.

Q2

The Bima Sakhi Yojana launched on 9 December 2024 is a scheme of which organisation?

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Correct answer: A — Life Insurance Corporation of India (LIC)

PIB (9 Dec 2024): the PM launched the 'Bima Sakhi Yojana' of Life Insurance Corporation.

Q3 Advanced

Who is eligible to become a Bima Sakhi under LIC's Bima Sakhi Yojana?

Show answer

Correct answer: D — Women aged 18-70 years who are Class X pass

PIB (9 Dec 2024): the scheme is for women aged 18-70 years who are Class X pass; they will receive specialised training and a stipend for the first three years.

Q4 Advanced

What target did PM Modi state for employment under the Bima Sakhi Yojana?

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Correct answer: C — 2 lakh women

PIB (9 Dec 2024): the PM stressed that the target was to provide employment opportunities to 2 lakh women under the Bima Sakhi Yojana.

Q5 Advanced

Consider the following about PM Modi's programme on 9 December 2024: 1. Bima Sakhis will receive a stipend for the first three years. 2. The PM laid the foundation stone of the main campus of Maharana Pratap Horticultural University, Karnal. Which of the statements given above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

Both are correct. PIB (9 Dec 2024): Bima Sakhis receive specialised training and a stipend for the first three years, and the PM laid the foundation stone of the main campus of Maharana Pratap Horticultural University, Karnal.

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