{"id":115641,"date":"2026-07-28T13:46:14","date_gmt":"2026-07-28T08:16:14","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=115641"},"modified":"2026-07-28T13:46:14","modified_gmt":"2026-07-28T08:16:14","slug":"atal-beemit-vyakti-kalyan-yojana","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/atal-beemit-vyakti-kalyan-yojana\/","title":{"rendered":"Atal Beemit Vyakti Kalyan Yojana (ABVKY)"},"content":{"rendered":"<h2><b>Atal Beemit Vyakti Kalyan Yojana Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Employees\u2019 State Insurance Corporation (ESIC) recently approved extension of the Atal Beemit Vyakti Kalyan Yojana (ABVKY) from 01.07.2026 to 30.06.2027. <\/span><\/p>\n<h2><b>About Atal Beemit Vyakti Kalyan Yojana\u00a0<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is an <\/span><b>unemployment relief scheme<\/b><span style=\"font-weight: 400;\"> for <\/span><b>workers covered under the Employees&#8217; State Insurance (ESI) Act.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It was introduced on July 1, <\/span><b>2018<\/b><span style=\"font-weight: 400;\">.\u00a0 It is being <\/span><b>implemented <\/b><span style=\"font-weight: 400;\">by the <\/span><b>Employees&#8217; State Insurance Corporation (ESIC).\u00a0\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It provides temporary <\/span><b>financial assistance to insured employees who lose their jobs, <\/b><span style=\"font-weight: 400;\">helping them meet expenses while searching for fresh employment.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><b>Benefits<\/b><span style=\"font-weight: 400;\">: The scheme provides <\/span><b>relief to the extent of 50% of the average daily earnings during the previous four contribution periods <\/b><span style=\"font-weight: 400;\">(total earnings during the four contribution periods\/730) to be <\/span><b>paid up to a maximum of 90 days of unemployment once in the Insured Person\u2019s lifetime.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>Eligibility Criteria <\/b><span style=\"font-weight: 400;\">to Avail Benefit under the ABVKY is as under:<\/span>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>employees <\/b><span style=\"font-weight: 400;\">must be <\/span><b>covered under<\/b><span style=\"font-weight: 400;\"> Section 2(9) of the <\/span><b>ESI Act <\/b><span style=\"font-weight: 400;\">of 1948;<\/span><\/li>\n<li style=\"text-align: justify;\"><b>During the period of the claim <\/b><span style=\"font-weight: 400;\">for relief, the <\/span><b>Insured Person (IP) must be unemployed;<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The IP must have <\/span><b>worked in insurable employment<\/b><span style=\"font-weight: 400;\"> for <\/span><b>at least two years.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>IP\u2019s contribution should not be less than 78 days<\/b><span style=\"font-weight: 400;\"> during <\/span><b>each of the four contribution periods.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>contribution in respect of him <\/b><span style=\"font-weight: 400;\">should have <\/span><b>been paid or payable by the employer.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The IP\u2019s Aadhar and bank account must be linked.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Relief under ABVKY shall <\/span><b>not be admissible in the following circumstance:<\/b>\n<ul>\n<li style=\"text-align: justify;\"><b>During lockout.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Strike resorted to by the employees declared illegal by the competent authority.<\/span><\/li>\n<li style=\"text-align: justify;\"><b>Voluntary abandonment of employment\/voluntary retirement<\/b><span style=\"font-weight: 400;\">\/<\/span><b>premature retirement.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Less than two years of contributory service.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">On <\/span><b>attaining the age of superannuation.<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Convicted <\/b><span style=\"font-weight: 400;\">(i.e.<\/span><b> punished for a false statement<\/b><span style=\"font-weight: 400;\">) <\/span><b>under <\/b><span style=\"font-weight: 400;\">the provisions of Section 84 of the <\/span><b>ESI Act<\/b><span style=\"font-weight: 400;\"> read with Rule 62 of the ESI (Central) Rule<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">On being<\/span><b> re-employed elsewhere during the period <\/b><span style=\"font-weight: 400;\">he\/she is in receipt of relief under ABVKY.<\/span><\/li>\n<li style=\"text-align: justify;\"><b>Dismissal\/termination under disciplinary action.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">On the death of the IP.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>claim <\/b><span style=\"font-weight: 400;\">for relief under ABVKY may be <\/span><b>submitted <\/b><span style=\"font-weight: 400;\">by the claimant any time after rendering unemployed, but <\/span><b>not later than one year from the date of unemployment.<\/b><\/li>\n<\/ul>\n<p><b>News<\/b><strong>:<\/strong> <a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2289944&amp;reg=48&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\"><strong>PIB<\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atal Beemit Vyakti Kalyan Yojana is an unemployment relief scheme for workers covered under the Employees&#8217; State Insurance (ESI) Act. Read more about Atal Beemit Vyakti Kalyan Yojana (ABVKY), Eligibility, Latest News.<\/p>\n","protected":false},"author":23,"featured_media":115613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[9033],"class_list":["post-115641","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-atal-beemit-vyakti-kalyan-yojana-abvky","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/115641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=115641"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/115641\/revisions"}],"predecessor-version":[{"id":115656,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/115641\/revisions\/115656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/115613"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=115641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=115641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=115641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}