The Employees’ State Insurance Corporation (ESIC) recently decided to extend the Atal Bimit Vyakti Kalyna Yojna, which offers unemployment benefit to workers covered under the ESI Scheme, for another year till June 30 next year with relaxations in conditions.

The relief payment has been enhanced to 50 per cent of average of wages from 25 per cent payable up to maximum 90 days of unemployment.

The enhanced relief under the relaxed conditions will be payable from March 24 to December 31 this year. Thereafter, the scheme will be available with original eligibility condition till June 30. The conditions will be reviewed after December 31 depending on the need and demand, according to an official release.

The decision was taken during ESIC’s 182nd meeting held under the chairmanship of minister of state for labour and employment Santosh Kumar Gangwar.

Instead of the relief becoming payable 90 days after unemployment, it shall become due for payment after 30 days.

The insured person can submit the claim directly to ESIC branch office instead of the claim being forwarded by the last employer and the payment shall be made directly in the bank account of the person.

In a statement, Tiruppur Exporters’ Association (TEA) president Raja M Shanmugham thanked the government for the decision.

Published On : 22-08-2020

Source : Fibre 2 Fashion