Atal Bimit Vyakti Kalyan Yojana: The authorities has determined to chill out the present situations and the quantity of aid for staff who’ve misplaced employment in the course of the COVID-19 pandemic interval. The authorities has issued a notification dated September 7, 2020, for the extension of the scheme Atal Beemit Vyakti Kalyan Yojana below Employees’ State Insurance Act 1948 for the interval 01.07.2020 to 30.06.2021. After December 31, 2020, the scheme will probably be obtainable with authentic eligibility situation in the course of the interval January 1, 2021, to June 30, 2021.
The ESI Corporation had launched a scheme named ‘Atal Bimit Vyakti Kalyan Yojana’ (ABVKY) which, in case the Insured Person (IP) is rendered unemployed, offers aid to the extent of 25% of the typical per day incomes in the course of the earlier 4 contribution durations (complete incomes in the course of the 4 contribution interval/730) to be paid as much as most 90 days of unemployment as soon as in the lifetime of the IP on submission of declare in type of an Affidavit.
The Scheme has been made efficient from 01-07-2018. The scheme was applied on a pilot foundation for a interval of two years initially.
The rest in following eligibility situations for availing aid below the scheme in the course of the interval 24.03.2020 to 31.12.2020 as below: –
1. The Insured Person ought to have been in insurable employment for a minimal interval of two years instantly earlier than his/ her unemployment and may have contributed for not lower than 78 days in the contribution interval instantly previous the unemployment and minimal 78 days in one of many remaining three contribution durations in two years previous to unemployment.
2. Claim shall be due 30 days after date of unemployment.
3. The declare for aid could also be submitted by an IP on-line in the prescribed declare kind duly accomplished, on to the Branch workplace. The fee shall be made in the checking account of the IP inside 15 days from the receipt of the duly accomplished declare. Aadhaar shall be used for identification of the Insured Person.
4. Relief to the extent of fifty % of the typical per day incomes in the course of the earlier 4 contribution durations to be paid as much as most 90 days of unemployment.
The above relaxed eligibility situations will probably be relevant for the interval 24.03.2020 to 31.12.2020 solely. The different situations as specified in the unique Atal Beemit Vyakti Kalyan Yojana as notified on 04.02.2019 will stay the identical.
The Scheme Atal Beemit Vyakti Kalyan Yojana will probably be obtainable with authentic eligibility situations for the IPs who grew to become unemployed on or earlier than 23.03.2020 and on or after 01.01.2021.
Earlier, the ESIC had authorized rest in eligibility standards and enhancement in the fee of unemployment profit below its Atal Bimit Vyakti Kalyan Yojana. Under ESIC’s Atal Bimit Vyakti Kalyna Yojna, unemployment profit is paid to the employees lined below ESI scheme.
It was introduced that the claims for fee of unemployment profit below its Atal Bimit Vyakti Kalyan Yojana run by the ESIC will probably be settled inside 15 days from the date of an utility. The Employees’ State Insurance Corporation (ESIC) board had relaxed norms to double fee of unemployment profit below the scheme to 50 per cent of common wages of three months to deal with job loss between March 24 and December 31 this yr in view of the COVID-19 pandemic.
The claims will be filed after 30 days from unemployment towards 90 days earlier. The claims will be filed instantly by staff whereas earlier they wanted to be routed via employers. The ESIC board’s resolution is anticipated to learn about 40 lakh industrial staff.