PANIPAT:(PTI) State-owned Life Insurance Corporation on Monday said it is targeting to enrol 1 lakh Bima Sakhi in the next 12 months as part of its women empowerment drive.
Speaking about the scheme launched by Prime Minister Narendra Modi here, LIC MD and CEO Siddharth Mohanty said the insurer will spend up to Rs 840 crore towards stipend in the enrolment done.
“Bima Sakhi is expected to garner new business of five times of our spending. So we are hoping that they can bring Rs 4,000 crore new business in the first year,” he said.
