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Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement

Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement

by AIP Online Bureau | Jan 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology

Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement

PM urges more senior citizens to take advantage of Ayushman Vaya Vandana Card

by AIP Online Bureau | Dec 10, 2024 | Eco/Invest/Demography, Health, Indian News

Prime Minister Narendra Modi Treatments worth more than Rs 40 crore have been availed since the launch of the Ayushman Vay Vandana card, benefitting over 22,000 senior citizens aged 70 years and above under the Ayushman Bharat health insurance scheme in less than two...
LIC to spend up to Rs 840 crore for Bima Sakhis, targets Rs 4,000 crore new business in 1st yr

LIC to spend up to Rs 840 crore for Bima Sakhis, targets Rs 4,000 crore new business in 1st yr

by AIP Online Bureau | Dec 9, 2024 | Indian News, Intermediaries, Life

Siddharth Mohanty, MD and CEO, Life Insurance Corporation Talking about proposed changes in the Insurance Act, LIC MD and CEO Siddharth Mohanty said composite licensing boosts the industry and LIC has no issue with it. The proposed changes in the Insurance Act only...
PM Modi launches LIC’s ‘Bima Sakhi Yojana’

PM Modi launches LIC’s ‘Bima Sakhi Yojana’

by AIP Online Bureau | Dec 9, 2024 | Indian News, Life, Policy

Prime Minister Narendra Modi is handing over Certificates to one of the Bima Sakhis in Panipat Under the scheme, the woman agents will also get a stipend of Rs 7,000 per month for the first year, Rs 6,000 per month in the second year and Rs 5,000 per month in the...
PM Modi to inaugurate women centric LIC Bima Sakhi Yojana on Monday

PM Modi to inaugurate women centric LIC Bima Sakhi Yojana on Monday

by AIP Online Bureau | Dec 8, 2024 | Indian News, Intermediaries, Life, Policy

Prime Minister Narendra Modi Aiming to provide rural women with job opportunities as insurance agents, a woman agent in LIC Bima Sakhi Yojana will earn Rs 7,000 per month in the first year, Rs 6,000 in the second year and Rs 5,000 by the third year. Additionally, an...
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