Atal Bimit Vyakti Kalyan Yojna to benefit over 3 crore Insured Persons

Sep 26, 2018 14:56 IST
Atal Bimit Vyakti Kalyan Yojna to benefit over 3 crore Insured Persons

The newly launched Atal Bimit Vyakti Kalyan Yojna is expected to benefit around 3.2 crore Insured Persons (IPs). The scheme, covered under the Employees’ State Insurance Act, 1948, was approved by the Employee's State Insurance (ESI) Corporation during its 175th meeting in New Delhi on September 18, 2018, under the Chairmanship of Santosh Kumar Gangwar, Union Minister of State for Labour & Employment (I/C).

During the meeting, the ESI Corporation took some significant decisions towards the improvement of its services and benefits being provided to Insured Persons and their dependents. The decisions were taken considering the change in employment pattern and the current scenario of employment in India which has transformed from a long-term employment to fixed short-term engagement in the form of contract and temping.

Atal Bimit Vyakti Kalyan Yojna

This scheme is a relief payable in cash directly to the bank account of insured persons in case of unemployment and while they search for a new engagement.

The cash benefit given to the unemployed persons searching for new employment will be 25 percent of his average earning of 90 days.

The detailed instructions of the scheme including the eligibility conditions and application format will be issued separately.

Note

There are around six crore workers in the organised sector who are getting benefits from EPFO, ESIC and social security schemes.

 The Union Government has taken many steps to enhance their working conditions and safety and social security in order to improve their standard of living.

The Government is also continuously making efforts to improve the life conditions of around 40 crore workers in the unorganised sector. In the last two years, nearly one crore workers have been linked with ESIC benefits and more than one crore have been brought in the fold of EPFO. 

Other Decisions

The ESI approved the proposal for reimbursement of Rs 10 per person to the employers to encourage the seeding of Aadhar (UID) in ESIC database of their workers and their family members. The move will curtail the multiple registrations of same Insured Persons and thus enable them to avail the benefits requiring longer contributory conditions.

The ESI Corporation also approved the proposal for relaxing the eligibility conditions for availing Super Specialty treatment from the earlier insurable employment of 2 years to 6 months with contribution requirement of only 78 days.

The eligibility for availing Super Specialty treatment for dependents of Insured Person was also relaxed to the insurable employment of one year with 156 days of contributions. The move will help the Insured Persons and their beneficiaries to avail the Super Specialty treatment free of cost as per the revised eligibility.

Further, the ESI approved the proposal for increasing the funeral expenses from existing Rs 10,000 to Rs 15,000 being paid on the death of Insured Person.

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