The Employees’ State Insurance Corporation (ESIC) has officially extended the Atal Beemit Vyakti Kalyan Yojana for an additional two years, from July 1, 2024 to June 30, 2026. This decision was notified on April 28, 2025, and is aimed at continuing financial support to insured persons facing unemployment.
This extension follows the earlier period of the scheme from July 1, 2022 to June 30, 2024, as per a previous notification published on September 12, 2023.
Key Features of the Extended Scheme:
- Extended Duration: July 1, 2024 – June 30, 2026
- Enhanced Rate of Relief: Higher financial compensation for eligible unemployed individuals
- Relaxed Eligibility Conditions: Broader coverage and easier access for beneficiaries
Notification Process:
- A draft notification proposing the extension was published on February 27, 2025 in the Gazette of India (Extraordinary), Part III – Section 4 (Sl. No. 142).
- Since no objections or suggestions were received from the public, ESIC has finalized the extension under its authority granted by Section 97(1) of the ESI Act, 1948.
The Atal Beemit Vyakti Kalyan Yojana is a vital social security measure offering financial relief to insured persons who lose their jobs, helping bridge income gaps during periods of unemployment.
