Key Points
The government has extended the unemployment scheme, the Atal Beemit Vyakti Kalyan Yojana, under the Employees State Insurance Corporation for a period of two years up to June 30, 2024...
It has been decided to extend the Atal Beemit Vyakti Kalyan Yojana for the period 01.07.2022 to 30.06.2024 with the relaxed eligibility conditions and enhanced rate of relief, the ministry of labour and employment said in a gazette notification...
Launched in 2018 on a pilot basis for a period of two years, the Atal Beemit Vyakti Kalyan Yojana provides relief in the form of cash compensation up to 90 days to the insured persons (IPs) under ESIC who have become unemployed...
Benefits under ABVKY can be availed by insured person who have been in insurable employment for a minimum period of two years immediately before her/his unemployment and 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 three contribution periods in two years prior to unemployment...
As per the government data, 66,013 employees availed unemployment benefits under the scheme Atal Beemit Vyakti Kalyan Yojana (ABVKY) and an amount of Rs 87.83 crores were disbursed between July 1, 2018 and December 12, 2022...
