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The Employee State corporation of India had launched the scheme on the name of Ex- Prime minister of India, Shri Atal Bihari Bajpayee in July 2018. The scheme name Atal Bimit Vyakti Kalyan Yojna offers cash compensation to the insurer if rendered unemployed. The scheme is started on pilot basis for the period of 2 years.

Atal Bimit Vyakti Kalyan Yojna is to provide financial support to the insured person if he/she rendered unemployed. It provides relief up to 25% of the average per day income for the previous 4 contribution periods. The insured person can draw the relief for the period of 90days ones in a lifetime after minimum 2 years of insurable employment.

atal bimit vyakti kalyan yojna Benefits

The insured person gets relief upto 25% of average per day income for the contributory period of last 4 years, which can be drwan for the period of 90 days aones in a lifetime after clear unemployment period of atleast 3 months. The scheme is valid only after atleast 2 years of insured employment.
In case the beneficiary gets gainful employment in between the three months of unemployment for which he was eligible for relief under ABVKY, the relief will be payable for clear month of unemployment between the date of unemployment and date of re-employment. The balance of 90 days of relief in this case may be claimed in the same manner as mentioned above based upon the initial contributory conditions by the beneficiary in case he again renders unemployed from Insurable employment within one year from initial unemployment.

atal bimit vyakti kalyan yojna Eligibility

1. Employees covered under Section 2(9) of the ESI Act 1948.
2. The Insured Person (IP) should have been rendered unemployed during the period therelief is claimed.
3. The Insured Person should have been in insurable employment for a minimum period of two years
4. The Insured Person should have contributed not less than 78 days during each of thepreceding four contribution periods.
5. The contribution in respect of him should have been paid or payable by the employer
6. The contingency of the unemployment should not have been as a result of any punishment for misconduct or superannuation or voluntary retirement.
7. Aadhar Card Number and Bank Account of the Insured Person should be linked with insured person database.

Other necessary conditions

case the IP is working for more than one employer and is covered under the ESI scheme he will be considered unemployed only if he has been unemployed from all the employers. As specified under Section 61 of the ESI Act, an IP who is in receipt of Relief under ABVKY shall not be entitled to receive any similar benefit admissible under the provisions of any other enactment.
As specified in Section 65 of the ESI Act, an Insured person shall not be entitled to any other cash compensation and the Relief under ABVKY simultaneously for the same period. However, periodical payments of Pe The IP will be eligible for Medical benefit as provided under the Act for the period he is availingthis relief.

Atal Bimit Vyakti Kalyan Yojana Online Application Form

To take advantage of Atal Bimit Vyakti Kalyan Yojana you have to first visit the ESIC website and then download a form. After that you have to fill up the form and then submit it to any branch of ESIC. Along with the form you have to attach a non-judicial stamp paper of Rs. 20 with a notary affidavit. In which the form AB-1 to AB-4 will be submitted. An online feature has been launched for this. You can also visit the website for more information.

atal bimit vyakti kalyan yojna application from download

atal bimit vyakti kalyan yojana in hindi

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