Bima Sakhi Yojana of LIC aimed at women empowerment becomes popular
(Press Release) - The Bima Sakhi Yojana – a project aimed at women empowerment - has been received with enthusiasm across India. The Yojana was launched by the Hon’ble Prime Minister Shri Narendra Modi at Panipat, Hariyana on 9th December, 2024. Within a month of launch of the Yojana, LIC has received 52,511 registrations of which 27,695 were issued appointment letters.
Sri Puneet Kumar, LIC Zonal Manager, Hyderabad informed that in the South Central Zone, 12201 applications were registered of which 6284 were given appointment letters. Nearly 3000 agents have started earning commission upon sale of Life Insurance Policies besides the fixed stipend. Addressing the gathering at the stall in All India Industrial Exhibition, Sri Puneet Kumar explained that the Yojana is applicable to any woman whose age is between 18 and 70 years and has passed 10th Class. The selected Bima Sakhi is eligible for stipend of upto Rs 7000.00 per month for a period of three years and also eligible for regular commission on the Life Insurance policies secured by her. After the stipendiary period, Bima Sakhi can continue with LIC as a regular agent and continue to earn. He said that LIC of India is proud to be a partner in Viksit Bharat by including women as partners in the nation’s progress by providing them with opportunity as BIMA SAKHI to become self-reliant.
Sri R. Sateesh Babu, Sri Uthup Joseph, Smt Saraswathi Gopakumar, Sri GBV Ramaiah, Sri Promoda Kumar Sahoo and other senior officials from LIC were present in the event.
Dated at Hyderabad on 9th January, 2025.
For further information, please contact: Regional Manager (CC),
LIC of India, South Central Zonal Office, Hyderabad.
eMail: scz_cc@licindia.com.
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KSDL invites innovative technology to check sandalwood theft
Bengaluru (PTI): The Karnataka government has invited farmers, scientists and organisations to come up with innovative technologies to prevent sandalwood theft in the state.
The state-owned Karnataka Soaps and Detergents Limited (KSDL), which manufactures Mysuru Sandal Soap has also planned sandalwood cultivation, state Large and Medium Industries Minister M B Patil said on Thursday.
"In a bid to promote sandalwood cultivation, the KSDL has planned a major initiative. As part of it, farmers, scientists, and organisations possessing information on advanced equipment or innovative technologies to prevent sandalwood theft have been invited to approach KSDL and share the details," Patil said in a statement.
Those interested in this initiative will be given an opportunity to demonstrate such technologies before the organisation, the minister said, adding if the proposed solutions are found suitable and effective, steps will be taken for consideration and implementation.
Patil stated that the cost involved in deploying technologies aimed at preventing sandalwood theft would be borne by KSDL.
Further, with a view to encouraging sandalwood cultivation, four farmers who have supplied the highest quantity of sandalwood to KSDL will be honoured with awards on the occasion of the birth anniversary of Nalwadi Krishnaraja Wadiyar on June 4, he said.
On the same occasion, police personnel and forest officials who have made notable progress in apprehending sandalwood thieves and registering cases, along with members of the public who have provided credible information leading to such action, will also be recognised and rewarded, the minister added.
Patil observed that farmers cultivating sandalwood trees on their lands have been facing increasing threats due to theft in recent years. Illegal felling and theft of sandalwood trees have continued for decades.
Although stringent laws are in place to curb such activities, the number of cases resulting in convictions remains very low, he noted.
"In this context, it becomes the responsibility of the organisation to extend both legal and technical support to farmers and encourage them to take up sandalwood cultivation on a larger scale," he said.
According to him, over the past three years, KSDL has procured 174.5 metric tonne of sandalwood directly from farmers across the state and transferred Rs 6.08 crore to their respective accounts.
