ESIC to pay ‘Unemployment Allowance’ to Insured Persons under ‘Atal Bimit Vyakti Kalyan Yojna’
Ministry of Labour (GOI) has made a Scheme named as ‘Atal Bimit Vyakti Kalyan Yojna’, whereby the ESIC will make payment for relief during unemployment, i.e. ‘Unemployment Allowance’, to the Insured Persons (i.e. persons covered under ESI). However, detailed instructions including eligibility conditions, application format for making claim, etc. are yet to be issued.
Ministry of Labour and Employment (GOI): Press Release d. 19 Sept. 2018
Considering the change in employment pattern and the current scenario of employment in India which has transformed from a long term employment to fixed short term engagement in the form of contract and temping, the ESI Corporation has approved a Scheme named “ATAL BIMIT VYAKTI KALYAN YOJNA” for Insured Persons (IP) covered under the Employees’ State Insurance Act, 1948.
This scheme is a relief payable in cash directly to their Bank Account in case of unemployment and while they search for new engagement. Detailed instructions including eligibility conditions, application format, etc. will be issued separately.