Atal Beemit Vyakti Kalyan Yojana’s relaxed advantages prolonged for six extra months


The labour ministry has issued a draft notification proposing to increase the relaxed advantages below the Atal Beemit Vyakti Kalyan Yojana for an additional six months from January 1, 2021 to June 30, 2021.

“Now it has been determined to increase rest in eligibility situations within the Atal Beemit Vyakti Kalyan Yojana for interval January 01, 2021 to June 30, 2021 with the identical phrases and situations as notified earlier,” the Staff State Insurance coverage Company, which is the implementing company for the scheme, stated.

ESIC has sought strategies from all stakeholders on the draft notification over the subsequent 30 days following which the proposal will likely be notified.

A call to additional lengthen the relaxed advantages was taken at an ESIC assembly final yr. Underneath the relaxed scheme, unemployment good thing about the order of 50% of the wages below the Atal Beemit Vyakti Kalyan Yojana will likely be given as towards 25% earlier. This may be the typical per day incomes of a employee over the past 90 days and the advantages will likely be out there to insured staff who turned unemployed because of the Covid-19 induced lockdown.

Whereas the scheme was prolonged by the federal government for a yr until June 30, 2021, the relaxed advantages below the scheme had been out there until December 31, 2020.

The ESIC estimates that the relaxed provisions of the scheme will profit 41,94,176 subscribers who’re eligible below the revised standards and would price ESIC Rs Rs 6710.67 crore.

ESIC knowledge exhibits contribution below the scheme was neither filed nor paid for 80,43,305 subscribers throughout April and Might whereas one other 81,95,765 had been the overall quantity of people that exited the scheme through the contribution interval ending March 2020.

Nevertheless, solely 30,32,821 insured individuals (IPs) whose contributions haven’t been made within the lockdown interval are eligible for the scheme whereas 11,61,355 IPs eligible for the scheme are amongst those that haven’t contributed until March 2020.

The ESIC Act now applies to greater than 1.21 million factories and institutions throughout the nation, benefiting about 34.9 million household items of staff. The full beneficiary inhabitants of ESI scheme stands at greater than 135.6 million.

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