What is the News?
The Government of India has decided to extend the “Atal Beemit Vyakti Kalyan Yojana” till 30th June 2022.
About Atal Beemit Vyakti Kalyan Yojana
Atal Bimit Vyakti Kalyan Yojana was launched in 2018. It is being implemented by the Employees State Insurance(ESI) Corporation.
The scheme is a welfare measure for Insured Persons covered under the Employees State Insurance Act, 1948.
Under the scheme, unemployment allowance is paid at 50% of wages for 3 months to those insured persons who lose their jobs for any reason.
The unemployment allowance shall become due for payment after 30 days from the date of unemployment and the claim can be submitted directly to the designated ESIC Branch Office by the worker.
Source: This post is based on the article “Atal Beemit Vyakti Kalyan Yojana’ extended upto June 2022” published in PIB on 10th September 2021.