ESI approves Atal Bimit Vyakti Kalyan Yojana, Features, Details

Atal Bimit Vyakti Kalyan Yojana details, features, and efficacy

Employees State Insurance (ESI) has approved a scheme called Atal Bimit Vyakti Kalyan Yojana' for insured persons (IP) covered under the Employees State Insurance Act 1948. Under this, cash assured will be available on the unemployed of the insured persons.

In the 175th meeting of ESI Corporation under the chairmanship of Minister of State for Labor and Employment (Independent Charge), Union Labor and Employment, on 18th September 2018, in the direction of improvement in the services and benefits offered to the insured persons and their dependents Important decisions are there.

Changes in the employment pattern and current scenario of employment in India, which have been converted into short-term appointment fixed from long-term employment as contract and temporary employees.

In the event of the insured person being employed under the Atal Bimit Vyakti Kalyan Yojana and in search of new employment, the relief in the bank account will be directly invested.

ESI Corporation has also approved the proposal for reimbursement of ten rupees per person to the employees so that their workers and their family members can be encouraged to add the base (UID) to the ESIC database. This step will reduce the number of different insurers in different registrations and enable them to take the necessary benefits for long-term contributory conditions.

ESI Corporation has also approved the proposal to grant concessions in qualifying situations to avail super specialty treatment, in which the first two years of insurable employment period has been reduced to six months and only 78 days contribution Will be required.

ESI Corporation has approved the proposal to increase the funeral expenses to be paid on the death of the insured persons and increase it from the current Rs. 10,000 to Rs. 15,000.