LIC asks Karnataka govt to retain it as the Bhagyalakshmi scheme implementing agency
Bengaluru, Dec 22: The Life Insurance Corporation on Tuesday requested the Karnataka government to retain it as the implementing agency for the Bhagyalakshmi scheme aimed at providing financial security to the girl child of families below the poverty line.
Under the scheme, the girl child gets Rs 1 lakh after completing 18 years.
Two months ago, the state government had assigned the postal department, instead of the LIC, to implement its flagship programme Bhagyalakshmi scheme as the interest rate of the LIC was low.
The decision to switch the agency was taken in the cabinet meeting on October 22.
LIC officials, led by their zonal manager Mini Ipe, called on Chief Minister B S Yediyurappa and put forth their request to allow them to be the implementing agency of the scheme, a government press release said.
In response, the Chief Minister asked them to come up with the best plan for the programme.
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Two-wheeler rider killed after ramming tanker near Arkula Bridge in Mangaluru
Mangaluru: A two-wheeler rider was killed on Sunday morning after his vehicle collided with a tanker from behind near Arkula Bridge, police said.
The deceased has been identified as Muhammad Ashfaq (22), a resident of Farangipete.
According to reports, the tanker was heading towards BC Road when the two-wheeler rammed into it from behind near a furniture shop close to Arkula Bridge. Ashfaq sustained severe injuries.
He was immediately shifted to a private hospital in Padil where he recived initial treatment. However, he succumbed to his injuries while being taken to another private hospital in the city for further treatment, police added.
Traffic police have registered a case in connection with the incident.
