Employees’ State Insurance Corporation (ESIC) in its 182nd meeting has decided to relax the eligibility criteria and enhancement in the payment of relief under Atal Bimit Vyakti Kalyan Yojana.
ESIC is implementing the Atal Bimit Vyakti Kalyna Yojna, a welfare measure. It offers cash compensation to insured persons when they are rendered unemployed. The Scheme was introduced with effect from 01-07-2018 and was on a pilot basis for two years initially. Now, the ESI Corporation has decided to extend the scheme for one more year up to 30th June 2021.
In its 182nd meeting, ESI Corporation has decided to relax the existing conditions and the amount of relief for workers who have lost employment during the Covid-19 pandemic period. The enhanced relief under the relaxed conditions will be payable during the period of 24.03.2020 to 31st December 2020. Thereafter the scheme will be available with original eligibility condition during the period 01.01.2021 to 30.06.2021.
The relaxed eligibility criteria for availing the relief are as under:
A. The payment of relief has been enhanced to 50% of the average of wages from earlier 25% of average wages payable up to a maximum 90 days of unemployment.
B. Instead of the relief becoming payable 90 days after unemployment, it shall become due for payment after 30 days.
C. The Insured Person can submit the online claim directly to 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.
D. The Insured Person should have been insurable employment for a minimum period of 2 years immediately 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 02 years before unemployment.
As per the press release, review of these conditions will be done after 31.12.2020 depending upon the need and demand for such relaxed condition.