VELLORE: Social security was essential for any person to achieve his goals in life, Collector Dharmendra Pratap Yadav said while delivering the keynote address at the Social Security Month Celebrations-2008 organised by the Pension & Group Schemes Unit of the Life Insurance Corporation, Vellore Division here on Saturday. He also distributed 3,000 scholarships worth Rs.18 lakh to school students
Mr. Yadav said people should realise the concept of social security. He appealed to the students to develop confidence in themselves and risk-taking ability to become entrepreneurs.
L. Kannan, Vice-Chancellor of Thiruvalluvar University, Vellore, called upon the students to develop computer, communication and literary skills.
B. Nagarajan, Senior Divisional Manager, LIC of India, Vellore, said the LIC Vellore Division distributed 12,036 scholarships worth Rs.1.2 crore to school students in 2007-08. For the current year, it is planning to distribute 15,000 scholarships amounting to Rs.1.56 crore.
The Janashree Bima Yojana and Aam Admi Bima Yojana provided insurance cover to persons living below the poverty line at a low premium.
K.G. Somasundaram, Marketing Manager, LIC of India, Vellore, welcomed the gathering. A. Annamalai, Branch Manager (P & GS), LIC, Vellore Division proposed a vote of thanks.