🟠 BIMA SHAKI YOJANA 🟠

✅Summary of the news
Key Point Details :

Why in News PM Narendra Modi launched LIC’s Bima Sakhi Yojana in Panipat, Haryana, targeting enrollment of 100,000 women in the first year and 200,000 within three years to empower women as LIC agents.

🔸Scheme Name : Bima Sakhi Yojana

🔸Eligibility : Women aged 18-70, minimum 10th-grade education

🔸First-Year Target: 100,000 women

🔸Three-Year Target : 200,000 women

🔸Training Period : 3 years

🔸Stipend Details: ₹7,000 (1st year), ₹6,000 (2nd year), ₹5,000 (3rd year)

🔸Expected Monthly Income : ₹15,000 (average for LIC agents)

🔸Investment by LIC : ₹840 crores in the first year

🔸Launch Location: Panipat, Haryana

🔸Purpose : Expand insurance penetration, provide social security, and empower women financially.

🔸Key LIC Officer Chairman : Siddhartha Mohanty

🔸State Info (Haryana) CM: Nayab Singh Saini

🔸Governor: Bandaru Dattatreya; Capital: Chandigarh

🔸LIC Market Share Growth : April-Sept 2024: Increased from 58.50% to 61.07%

🔸FDI Context : 100% FDI allowed in the insurance sector

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✅ Daily The Hindu Vocabulary ✅

1. DOGMA (NOUN): (शिक्षण): teaching
Synonyms: belief, conviction
Antonyms: doubt
Example Sentence:In place of dogma, the elements of religion were alone to be taught.

2. JEOPARDIZE (VERB): (जोखिम में डालना): threaten
Synonyms: endanger, imperil
Antonyms: safeguard
Example Sentence:He said that the deportations could jeopardize international negotiations.

3. PANDEMONIUM (NOUN): (हंगामा): bedlam
Synonyms: chaos, mayhem
Antonyms: silence
Example Sentence:There was complete pandemonium here.

4. ASSUAGE (VERB): (राहत देना): relieve
Synonyms: ease, alleviate
Antonyms: Aggravate
Example Sentence:The letter assuaged the fears of most members

5. DISCONTENT (VERB): (असंतोष): dissatisfaction
Synonyms: disaffection, grievances
Antonyms: contentment
Example Sentence:Voters voiced discontent with both parties.

6. ABRASIVE (ADJECTIVE): (काटू): caustic
Synonyms: cutting, grating
Antonyms: kind
Example Sentence:Her abrasive and arrogant personal style won her few friends.

7. EUPHEMISM (NOUN): (प्रेयोक्ति): substitute
Synonyms: understatement, underplaying
Antonyms: dysphemism
Example Sentence:The jargon has given us ‘downsizing’ as a euphemism for cuts.

8. HEDONISTIC (ADJECTIVE): (सुखवादी): self-indulgent
Synonyms: indulgent, pleasure-seeking
Antonyms: ascetic
Example Sentence:He accepted bodily without farther questioning the hedonistic psychology.

9. EPITOMIZE (VERB): (संक्षिप्त करना): summarize
Synonyms: abstract, precis
Antonyms: elaborate
Example Sentence:For the benefit of our readers, we will epitomize the pamphlet.

10. SIDESTEP (VERB): (बचना): avoid
Synonyms: evade, dodge
Antonyms: tackle
Example Sentence:He neatly sidestepped the questions about riots.

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✅SEATO

🥜The Southeast Asia Treaty Organization (SEATO) was an international organization for collective defense in Southeast Asia created by the Southeast Asia Collective Defense Treaty, or Manila Pact, signed in September 1954.

🔹Headquarters
🔸Bangkok, Thailand
🔹Region served
🔸Southeast Asia

🔘Membership
🔘8 states
🔷Australia
🔷France
🔷New Zealand
🔷Pakistan
🔷Philippines
🔷Thailand
🔷United Kingdom
🔷United States

⚠️NOTE
🚸SEATO was dissolved on 30 June 1977 after many members lost interest and withdrew.

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