ESIC Approves Atal Bimit Vyakti Kalyan Yojna For Cash Relief To Unemployed Insured Persons

The Employees’ State Insurance Corporation (ESIC) has approved a new scheme- Atal Bimit Vyakti Kalyan Yojna for Insured Persons covered under the Employees’ State Insurance Act. This scheme is a relief payable in cash directly to their Bank Account in case of unemployment and while they search for new engagement.
The decision was taken at the ESIC board meeting chaired by the Labour Minister Santosh Gangwar in New Delhi. The eligibility for availing Super Specialty treatment for dependents of Insured Person has now been relaxed to insurable employment of one year with 156 days of contributions. The ESIC also approved the proposal for increasing the funeral expenses from existing 10 thousand rupees to 15 thousand rupees being paid on the death of Insured Person.
Source- AIR World Service