The Employees State Insurance Corporation vide its notification dated 16th September 2020 has extended the scheme Atal Beemit Vyakti Kalyan Yojana for another one year from 1st July 2020 till 30th June 2021. The Corporation has also decided to relax the eligibility condition of the scheme for the period 24th March 2020 to 31st December 2020 in order to provide benefit to the insured persons who became unemployed due to COVID-19 induced lockdown.
As per the revised eligibility condition, the insured person should have been in insurable employment for a minimum period of 2 years immediately before his/her unemployment and should have contributed for not less than 78days in the contribution period immediately preceding to unemployment.
The relief shall become due for payment 30 days from the date of unemployment against its earlier condition of 90 days.
Further relief to the extent of 50% of the average per day earning during the previous four contribution period to be paid up to maximum of 90 days of unemployment.
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