The Atal Beemit Vyakti Kalyan Yojana is a government-backed initiative aimed at providing financial relief to workers who lose their jobs unexpectedly. Launched in July 2018 and managed by the Employees’ State Insurance Corporation (ESIC), the scheme offers temporary income support to eligible insured employees, helping them manage expenses while they search for new employment opportunities.
What Is Atal Beemit Vyakti Kalyan Yojana?
A social welfare programme named Atal Beemit Vyakti Kalyan Yojana, designed by ESIC, offers workplace insurance funds to employees who have lost their jobs. Launched as a pilot initiative on July 1st 2018, this programme delivers monetary aid and medical care benefits to qualified employees. Through this programme, employees receive financial support that allows them to navigate periods of joblessness.
Overview
To understand the scheme’s framework at a glance, here’s a snapshot of its most important details. The table below covers its launch, administration, benefits, eligibility, and payment mode.
| Feature | Details |
|---|
| Launch Date | 1 July 2018 |
| Administered By | Employees’ State Insurance Corporation (ESIC) |
| Relief Provided | 50% of daily wages for up to 90 days |
| Eligibility Criteria | Minimum 2 years of insured employment |
| Mode of Payment | Direct bank transfer |
Objectives
The Atal Beemit Vyakti Kalyan Yojana was introduced to support workers during periods of unemployment. It aims to ease financial stress, ensure access to medical benefits, and help individuals transition to new employment. Below are the primary objectives of the scheme:
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This programme exists to support workers who maintain valid insurance through ESIC when they become jobless.
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During the relief period, this policy provides medical assistance for the workers.
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The programme helps people transition between jobs while finding new employment paths.
What Are The Benefits Of Atal Beemit Vyakti Kalyan Yojana?
The scheme offers crucial benefits to workers facing unemployment. It ensures financial aid in the form of cash relief and continued access to medical services during the relief period. The key benefits of ABVKY are as follows:
What Is The Eligibility Criteria Of Atal Beemit Vyakti Kalyan Yojana?
To qualify for the scheme, workers need to meet specific employment and contribution requirements. It ensures that only genuinely insured and contributing employees can access the benefits. The eligibility conditions include:
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To receive insurance benefits, a worker needs a minimum of two years before becoming unemployed.
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Workers need to demonstrate at least 78 days of contributions in each of their previous three contributing periods.
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Workers seeking benefits are required to meet three conditions, which exclude termination through misconduct, voluntary retirement or superannuation.
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Links between the ESIC database and Aadhaar, as well as bank details, are mandatory.
Other Conditions For The Administration Of The Scheme
The scheme has additional provisions to prevent misuse and ensure effective implementation. These conditions apply to individuals with multiple employers or those claiming other benefits. The conditions are as follows:
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Bonuses under this scheme reach workers whose employment status includes all organisations where they work.
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The benefit recipient cannot collect funds through competing income assistance programmes.
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People who receive Permanent Disability Benefits through periodical payments receive their payments as usual during relief times.
Disqualification/Termination Of Relief Under ABVKY
Certain circumstances can lead to the disqualification or termination of benefits under ABVKY. These provisions are designed to ensure fairness and proper administration of the scheme. The situations where benefits are revoked include:
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During an illegal strike or lockout.
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The employee receives relief benefits when voluntary retirement or misconduct causes them to leave their employment.
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Less than two years of contribution service.
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Every person obtains relief under this scheme when they reach their superannuation age.
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A person who finds another job during the time they receive benefits will end their benefit period.
Application Process For The Atal Beemit Vyakti Kalyan Yojana
Applying for ABVKY is straightforward, and most steps can be completed online. The following process explains how eligible individuals can apply:
Step 1: Visit the official ESIC website.
Step 2: Use your insurance information to create an account, which requires your birthday and mobile contact number.
Step 3: Complete the form by entering your bank details and receive a copy of the AB-1 Form.
Step 4: To submit your application, you need to upload the necessary documents, including the AB-1 Form, alongside your Aadhaar details and additional supporting paperwork in scanned form.
Step 5: Complete the submission of the application, followed by printing the claim form.
Step 6: Both the signed claim form and the forwarded letter need to be submitted to an ESIC Branch Office.
Documents Required
The following list contains the names of important documents required for the Atal Beemit Vyakti Kalyan Yojana:-
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Aadhaar card.
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Bank passbook or cancelled cheque.
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The application requires salary slips from the current month and the previous month.
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Attendance sheet.
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Insurance details.
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Employer details.
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Affidavit and any other relevant documents.
Mode Of Payment
The relief amount under ABVKY is directly transferred to the insured person’s bank account. In the event of the IP’s death, the amount is paid to their nominee or legal heir via cheque. Applicants must ensure their bank account details are updated in the ESIC database for a smooth payment process.
Conclusion
Atal Beemit Vyakti Kalyan Yojana programme, the government assists with both finance and healthcare for workers who lose their employment unexpectedly. As a programme, it streamlines claim processing and gives immediate financial relief to policyholders who experience challenging circumstances. Through this programme, the government showcases its dedication to protecting employee satisfaction while promoting workforce economic security.
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