Lok Sabha Question No. 40 (UNSTARRED), answered on 2025-07-21
Subject: Amount sanctioned and utilised under Bima Sakhi Yojana
Ministry: FINANCE
Asked by: Shri Rajesh Verma, Smt. Shambhavi, Shri Naresh Ganpat Mhaske, Dr. Shrikant Eknath Shinde, Shri Ravindra Dattaram Waikar

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION No. 40

ANSWERED ON MONDAY, 21 JULY, 2025/ASHADHA 30, 1947 (SAKA)

## Amount sanctioned and utilised under Bima Sakhi Yojana

- . 40. Shri Naresh Ganpat Mhaske:

Smt. Shambhavi:

Dr. Shrikant Eknath Shinde:

Shri Rajesh Verma:

Shri Ravindra Dattaram Waikar

Will the Minister of Finance be pleased to state:

- (a) the details of the financial outlay, amount sanctioned, disbursed and utilized under the Life Insurance Company's Bima Sakhi Yojana (BSY) since its inception;
- (b) the details of the beneficiaries under the aforementioned scheme as of July 2025, Statewise;
- (c) the details of the opportunities available for Bima Sakhis to advance their career and the way by which the programme ensure continued support and mentorship for Bima Sakhis beyond their initial training phase;
- (d) the steps taken/being taken to promote awareness about the BSY among women in rural and semi urban areas for equitable implementation of the aforementioned scheme; and
- (e)  whether  the  Government  is  considering  to  expand  the  scope  of  the  aforementioned scheme to include additional roles or integrate it with other women-focused Government initiatives and if so, the details there of

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- (a)   Bima Sakhi- 'Mahila Career Agent (MCA) Scheme' of LIC was launched on 9.12.2024. As such, any expense in connection with the scheme is borne by LIC.   LIC has paid Rs 62.36 crore to Bima Sakhis as stipend in FY 2024-25.  In the current Financial Year (2025-26), LIC has provided a budget of Rs 520 crore for the scheme, out of which Rs 115.13 crore has been paid up to 14.7.2025.
- (b)    At present, there are 2,05,896 Bima Sakhis in the country. The State wise data for Bima Sakhis is placed at Annexure.
- (c)  LIC provides opportunities to Bima Sakhis, in furtherance of their career by way of several performance-based incentives.    Graduate  Bima  Sakhis,  after  completion  of  5  years,  may participate in the recruitment process for the post of Apprentice Development officers of LIC, upon fulfilling the eligibility criteria.

Apart from above, LIC pays stipend to Bima Sakhis for first 3 years from their appointment to support them build a life insurance agency career.  The stipend scheme is in addition to their commission pay-outs and is subject to certain performance parameters.    The amount of the stipend ranges from Rs 7000/- per month in the first year to Rs 5000/- in the third year.

(d) and (e) Bima Sakhi Yojna, being an initiative of LIC, is  being promoted throughout the country from LIC's various branches and divisions, traditional and digital media and pitching in public forums.

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## Annexure referred in reply of Lok Sabha Unstarred Question No. 40 for 21.7.2025*

| State/UT wise Bima Sakhis   | State/UT wise Bima Sakhis   | State/UT wise Bima Sakhis   | State/UT wise Bima Sakhis   | State/UT wise Bima Sakhis   | State/UT wise Bima Sakhis   |
|-----------------------------|-----------------------------|-----------------------------|-----------------------------|-----------------------------|-----------------------------|
| SL                          | State/UT                    | Number of Bima Sakhis       | SL                          | State/UT                    | Number of Bima Sakhis       |
| 1                           | Andaman & Nicobar           | 39                          | 18                          | Maharashtra                 | 18086                       |
| 2                           | Andhra Pradesh              | 20054                       | 19                          | Manipur                     | 124                         |
| 3                           | Arunachal Pradesh           | 47                          | 20                          | Meghalaya                   | 63                          |
| 4                           | Assam                       | 3018                        | 21                          | Mizoram                     | 53                          |
| 5                           | Bihar                       | 10975                       | 22                          | Nagaland                    | 40                          |
| 6                           | Chandigarh                  | 528                         | 23                          | Odisha                      | 9047                        |
| 7                           | Chhattisgarh                | 4673                        | 24                          | Pondicherry                 | 272                         |
| 8                           | Delhi                       | 3251                        | 25                          | Punjab                      | 3855                        |
| 9                           | Goa                         | 506                         | 26                          | Rajasthan                   | 15243                       |
| 10                          | Gujarat                     | 6449                        | 27                          | Sikkim                      | 50                          |
| 11                          | Haryana                     | 8495                        | 28                          | Tamil Nadu                  | 11836                       |
| 12                          | Himachal Pradesh            | 3037                        | 29                          | Telangana                   | 10908                       |
| 13                          | Jammu & Kashmir             | 2204                        | 30                          | Tripura                     | 409                         |
| 14                          | Jharkhand                   | 3673                        | 31                          | Uttar Pradesh               | 23152                       |
| 15                          | Karnataka                   | 14117                       | 32                          | Uttaranchal                 | 2260                        |
| 16                          | Kerala                      | 5481                        | 33                          | West Bengal                 | 12006                       |
| 17                          | Madhya Pradesh              | 11945                       |                             | Total                       | 205896                      |