ATAL BIMIT VYAKTI KALYAN YOJNA

Sept. 20, 2018

The Employee State Insurance Corporation (ESIC) has approved a Scheme named “Atal Bimit Vyakti Kalyan Yojna”

About:

  • It is a scheme for Insured Persons (IP) covered under the Employees’ State Insurance Act, 1948.

  • This scheme is a relief payable in cash directly to their Bank Account in case of unemployment and while they search for new engagement.

  • The scheme has been rolled out considering the change in employment pattern in India from a long-term employment to fixed short term engagement in the form of contract.

  • Detailed instructions including eligibility conditions, application format, etc. will be issued separately.

Source : PIB