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Bima Sakhi Yojana: LIC may spend INR 8.4 bln in 1st yr of Bima Sakhi Yojana, says Chairman Mohanty

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Bima Sakhi Yojana

LIC may spend INR 8.4 bln in 1st yr of Bima Sakhi Yojana, says Chairman Mohanty

This story was originally published at 19:12 IST on December 9, 2024  Back
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The Life Insurance Corp of India is likely to spend INR 8.40 billion rupees in the first year of the newly launched Bima Sakhi Yojana, Chairman Siddhartha Mohanty said Monday. This spending will be part of the life insurer's business expenditure and the company is hopeful that the premium income from the scheme will be 4-5 times of the expense, he said.

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