Extension Of The ABVKY Scheme And Relaxed Eligibility Conditions For Availing Relief Under The Scheme

ESIC vide notification No. E-13/12/9/2020-P.R. has notified the extension of the Atal Beemit Vyakti Kalyan Yojana scheme for the period from 1st July 2020 to 30th June 2021 with relaxation in following eligibility conditions for availing relief under the scheme during the period 24th March 2020 to 31st December 2020 which shall be as under 

(1) The Insured Person should have been in insurable employment for a minimum period of two years immediately before his/her unemployment and should have contributed for not less than 78 days in the contribution period immediately preceding the unemployment and minimum 78 days in one of the remaining three contribution periods in two years prior to unemployment.

(2) The claim shall be due 30 days after the date of unemployment.

(3) The claim for relief may be submitted by an IP online in the prescribed claim form duly completed, directly to the Branch office. The payment shall be made in the bank account of the IP within 15 days from the receipt of the duly completed claim. Aadhaar shall be used for the identification of the Insured Person.

(4) Relief to the extent of 50 % of the average per day earning during the previous four contribution periods to be paid up to a maximum of 90 days of unemployment. 

The above-relaxed eligibility conditions shall be applicable for the period 24.03.2020 to 31.12.2020 only. The other conditions as specified in the original Atal Beemit Vyakti Kalyan Yojana scheme as notified on 4th February 2019 shall remain the same. 

The Atal Beemit Vyakti Kalyan Yojana scheme shall be available with original eligibility conditions for the IPs who became unemployed on or before 23rd March 2020 and on or after 1st January 2021. 

Please refer to the notification for more details.

Notification:-Extension_Of_The_ABVKY_Scheme_And_Relaxed_Eligibility_Conditions_For_Availing_Relief_Under_The_Scheme.pdf