Live
- Meaningful dialogue a priceless jewel of democracy: Jagdeep Dhankhar
- Tim Southee matches Chris Gayle's six-hitting record in his farewell Test
- AP Mnister Ponguru Narayana Inspects Highway Connectivity Roads to Amaravati
- Reduced inflow: Water levels in Chembarambakkam, Poondi reservoirs drop
- Slapgate haunts CM as Rohini slams Nitish following Patna DM’s action against BPSC candidate
- Amazon Music India Unveils 'Best Of 2024’ Celebrating Top Hits, Artists & Podcasts
- Kejriwal writes to HM Shah on law and order, seeks urgent meeting
- Big e-commerce firms to adopt Safety Pledge on National Consumer Day
- Cop ends life over torture by wife, father-in-law in Bengaluru
- Indian Constitution longest and most beautiful, Kiren Rijiju lauds its inclusive character
LIC urges CM Yediyurappa to hand it Bhagyalakshmi scheme
LIC urges CM Yediyurappa to hand it Bhagyalakshmi scheme
Officials of the Life Insurance Corporation (LIC) 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.
Bengaluru: Officials of the Life Insurance Corporation (LIC) 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, each girl from BPL family gets Rs 1 lakh after completing 18 years of age.
The officials led by Mini Ipe, Zonal Manager, LIC met the Chief Minister urging him to reconsider the government's decision to appoint LIC as the Bhagyalakshmi scheme implementing agency. In turn, Chief Minister B.S. Yediyurappa advised the LIC officials to work out the best plan they could offer for the Bhagyalakshmi scheme and discuss it with the finance department.
According to the reports, the interest rate offered by LIC was low and the State government entrusted its flagship programme to the postal department two months ago.
The decision to switch the agency was taken in the cabinet meeting on October 22.
