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Salient Features – Atal Beemit Vyakti Kalyan Yojana (ABVKY) Scheme of Employees’ State Insurance Corporation (ESIC), Ministry of Labour and Employment, Government of India

17 th Oct 2020

The Managing Directors/CEO's/Owners/Director/Partners/General Managers               
All FHRAI Members                  

CC:      All Members of the Executive Committee         
            All Regional Associations 

Subject: Salient Features – Atal Beemit Vyakti Kalyan Yojana (ABVKY) Scheme of Employees’ State Insurance Corporation (ESIC), Ministry of Labour and Employment, Government of India

Dear Member,

As you may be aware, that the Employees’ State Insurance Corporation (ESIC), Ministry of Labour and Employment, Government of India has launched Atal Beemit Vyakti Kalyan Yojana (ABVKY) Scheme. We are pleased to share with you the ‘Salient Features’ for your ready reference.

  1. This scheme is a welfare measure for employees covered under Section 2(9) of ESI Act, 1948, in the form of relief payment upto 90 days, once in a lifetime.
  2. The Scheme was introduced w.e.f. 01-07-2018 on pilot basis for a period of two years initially.
  3. The scheme has now been extended for another one year i.e. from 1st July, 2020 to 30th June, 2021. It has also been decided to enhance the rate of unemployment relief under the scheme to 50% of wages from earlier rate of 25% along with relaxation in eligibility conditions, provided the Insured Person should have been in insurable employment for a minimum period of two years immediately before her/his unemployment and should have contributed for not less than 78 days in the contribution period immediately preceding to unemployment and minimum 78 days in one of the remaining three contribution periods in two years prior to unemployment.
  4. In a significant relaxation, relief shall become due for payment 30 days from date of unemployment and claim can be submitted directly to the designated ESIC Branch Office by the worker.
  5. The enhanced benefit and relaxed conditions are applicable during the period 24th March 2020 to 31st December 2020.
  6. Claims to get the relief can be made online at website www.esic.in along with submission of the physical claim with an affidavit, photocopy of Aadhaar Card and Bank Account details to the designated ESIC Branch Office by post or in person.

For more information Members may visit the Url https://www.esic.nic.in/abvky

Kind regards,

Gurbaxish Singh Kohli
Vice President
_____________________________________________________
The Federation of Hotel & Restaurant Associations of India
Regd. Off.: B-82, 8th Floor, Himalaya House, 23 K.G. Marg, New Delhi - 110 001
Tel.: 011-40780780, Email: fhrai@fhrai.com, Website: www.fhrai.com

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ASSOCIATIONS OF INDIA

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B-82, 8th Floor, Himalaya House, 23,
K. G. Marg, New Delhi-110 001

Telephone: 011-40780780

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