Udayavni Special

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

Karnataka Digital Economy Mission to be launched in Feb

Bilawal Bhutto pitches for no-confidence motion to oust Imran Khan-led Pak govt

Trump impeachment trial in Senate to begin on Feb 8

India says it doesn’t support treaty on nuclear-weapon prohibition

K’taka COVID-19 update: 324 new cases, 890 recoveries, 3 deaths on Jan 21

IPL auction likely on February 18: BCCI official

Ph 1 trial results show Covaxin has tolerable safety, enhanced immunity: Lancet study


Related Articles More

Karnataka Digital Economy Mission to be launched in Feb

Postman’s 36 years-long affair with his cycle

Trump impeachment trial in Senate to begin on Feb 8

India to host Indian Ocean Region defence ministers’ conclave next month

1.39 lakh people inoculated in Karnataka: Health Minister

MUST WATCH

Mangaluru: Police arrest nine students for alleged ragging

Remembering Netaji Subhas Chandra Bose | Asha Raghuvamshi

Inter-state Ganja smuggling racket busted: 7 held, 44.630 kgs of Marijuana seized

explosion sound around shivamogga

Mangaluru harassment in bus case: Young woman narrates her ordeal

Latest Additions

Karnataka Digital Economy Mission to be launched in Feb

Postman’s 36 years-long affair with his cycle

Bilawal Bhutto pitches for no-confidence motion to oust Imran Khan-led Pak govt

Trump impeachment trial in Senate to begin on Feb 8

India says it doesn’t support treaty on nuclear-weapon prohibition

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.