In the first year, LIC targets to engage 100,000 Bima Sakhis (MCAs) and reach the target of 200,000 in three years."The scheme will address unemployment and underemployment," Mohanty said, adding that each MCA is expected to sell at least 24 insurance policies annually. Based on their performance and clearing of a test, they can become LIC development officers.The scheme, exclusively for women, offers a stipend for the initial three years. In the first year, the stipend would be ₹7,000 per month. In the second year, this becomes ₹6,000 a month subject to at least 65% of policies completed in the first stipendiary year are in force at the end of the corresponding month of the second stipendiary year. In the third year, the stipend will be ₹5,000 a month subject to the same condition.

100,000 Bima Sakhis may be enrolled in 12 months

0,3037,873,188,3125,4982

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.