ESIC is implementing the Atal Bimit Vyakti Kalyna Yojna under which unemployment benefit is paid to the workers covered under ESI Scheme. The ESI Corporation has decided to extend the scheme for one more year upto 30th June 2021. It has been decided to relax the existing conditions and the amount of relief for workers who have lost employment during the Covid-19 pandemic period.
Atal Bimit Vyakti Kalyan Yojana
The eligibility criteria for availing the relief has been relaxed, as under:
- The payment of relief has been enhanced to 50% of average wages from earlier 25% of average wages payable upto maximum 90 days of unemployment.
- Instead of the relief becoming payable 90 days after unemployment, it shall become due for payment after 30 days.
- The insured person (IP) can submit the claim directly to the ESIC branch office instead of the claim being forwarded by the last employer and the payment shall be made directly in the bank account of IP.
- The insured person should have been insurable employment for a minimum period of 2 years before his/ her unemployment and should have contributed for not less than 78 days in the contribution period immediately preceding to unemployment and minimum 78 days in one of the remaining 3 contribution periods in 2 years prior to unemployment.
Atal Bimit Vyakti Kalyan Yojana is a welfare measure being implemented by the Employees State Insurance (ESI) Corporation. It offers cash compensation to insured persons when they are rendered unemployed.
Source: PIB
