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Atal Beemit Vyakti Kalyan Yojana (ABVKY)

Kumari Sonali

Atal Beemit Vyakti Kalyan Yojana (ABVKY):

The Employees’ State Insurance Corporation (ESIC) recently approved extension of the Atal Beemit Vyakti Kalyan Yojana (ABVKY) from 01.07.2026 to 30.06.2027.

  • It is an unemployment relief scheme for workers covered under the Employees’ State Insurance (ESI) Act.
  • It was introduced on July 1, 2018. It is being implemented by the Employees’ State Insurance Corporation (ESIC).
  • It provides temporary financial assistance to insured employees who lose their jobs, helping them meet expenses while searching for fresh employment.
  • The scheme provides relief to the extent of 50% of the average daily earnings during the previous four contribution periods (total earnings during the four contribution periods/730) to be paid up to a maximum of 90 days of unemployment once in the Insured Person’s lifetime.
  • The Eligibility Criteria to Avail Benefit under the ABVKY is as under:
    • The employees must be covered under Section 2(9) of the ESI Act of 1948;
    • During the period of the claim for relief, the Insured Person (IP) must be unemployed;
    • The IP must have worked in insurable employment for at least two years.
    • The IP’s contribution should not be less than 78 days during each of the four contribution periods.
    • The contribution in respect of him should have been paid or payable by the employer.
    • The IP’s Aadhaar and bank account must be linked.
  • Relief under ABVKY shall not be admissible in the following circumstance:
    • During lockout.
    • Strike resorted to by the employees declared illegal by the competent authority.
    • Voluntary abandonment of employment/voluntary retirement/premature retirement.
    • Less than two years of contributory service.
    • On attaining the age of superannuation.
  • Convicted (i.e. punished for a false statement) under the provisions of Section 84 of the ESI Act read with Rule 62 of the ESI (Central) Rule
    On being re-employed elsewhere during the period he/she is in receipt of relief under ABVKY.
  • Dismissal/termination under disciplinary action.
  • On the death of the IP.
  • The claim for relief under ABVKY may be submitted by the claimant any time after rendering unemployed, but not later than one year from the date of unemployment.