LIC asks Karnataka govt to retain it as the Bhagyalakshmi scheme implementing agency
Team Udayavani, Dec 22, 2020, 5:17 PM IST
Bengaluru: The Life Insurance Corporation on Tuesday requested the Karnataka government to retain it as the implementing agency for the Bhagyalakshmi scheme aimed at providing financial security to the girl child of families below the poverty line.
Under the scheme, the girl child gets Rs 1 lakh after completing 18 years.
Two months ago, the state government had assigned the postal department, instead of the LIC, to implement its flagship programme Bhagyalakshmi scheme as the interest rate of the LIC was low. The decision to switch the agency was taken in the cabinet meeting on October 22.
LIC officials, led by their zonal manager Mini Ipe, called on Chief Minister B S Yediyurappa and put forth their request to allow them to be the implementing agency of the scheme, a government press release said.
In response, the Chief Minister asked them to come up with the best plan for the programme.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
BJP files complaint with EC against Sowmya Reddy, others for alleged violation of poll code
Siddaramaiah slams BJP candidate for visiting house of alleged police recruitment scam kingpin
Udupi: Cong candidate Jayaprakash Hegde embarks on campaign tour
Jayaprakash Hegde calls for action on unfulfilled promises by central govt
Mangaluru: BJP, Cong workers engage in verbal spat near Sai baba temple
MUST WATCH
Latest Additions
Youth detained for Facebook threat to BJP MLA in Nashik
NE’s integration with rest of India happened under Modi govt: BJP chief Nadda
Congress spokesperson booked for alleged hate speech
BJP files complaint with EC against Sowmya Reddy, others for alleged violation of poll code
Siddaramaiah slams BJP candidate for visiting house of alleged police recruitment scam kingpin