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The Employees' State Insurance Corporation (ESIC) approved extending the Atal Beemit Vyakti Kalyan Yojana (ABVKY) from 1 July 2026 to 30 June 2027.
ABVKY provides unemployment relief to workers covered under the ESI Act, introduced on 1 July 2018.
Eligible insured persons can receive relief equal to 50% of average daily earnings, for up to 90 days of unemployment, once in a lifetime.
Eligibility requires at least two years of insurable employment and Aadhaar-bank account linkage.
Static GK > Labour Welfare Schemes
Banking & Financial Awareness > Social Security Schemes
The Employees' State Insurance Act, providing social security and health insurance to Indian workers