Tribune News Service
New Delhi, August 21
The Employees’ State Insurance Corporation (ESIC) has determined to increase the comfort in eligibility standards and enhancement of unemployment profit underneath Atal Bimit Vyakti Kalyan Yojana with retrospective impact from March 24 (when the pandemic lockdown got here into pressure) to December 31, 2020.
Under the relaxed eligibility norm and enhancement, cost now at 50 per cent of common wages payable for optimum 90 days unemployment as a substitute of 25 per cent earlier. After December 31, 2020, the ESIC would revert to the sooner eligibility situation.
The resolution to increase the scheme was taken at a gathering of ESIC, presided over by Union Labour Ministry Santosh Kumar Gangwar, to offer reduction to employees in view of the Covid pandemic.
Instead of the reduction changing into payable 90 days after unemployment, it shall now develop into due for cost after 30 days. Also, the Insured Person (IP) can submit the declare on to ESIC Branch Office and the cost shall be made instantly in his checking account.
Besides, the IP ought to have insurable employment for a minimal interval of two years earlier than his/her unemployment and may have contributed for not lower than 78 days within the contribution interval.