Important Decisions by ESI Corporation in its 182 Nd to provide relief to Covid affected ESI registered workers

📢The ESI Corporation during its 182nd meeting held late yesterday has taken some very important decisions towards improvement in its service delivery mechanism and providing relief to workers affected by Covid-19 pandemic.

Following important decisions were taken during the meeting:
👩🏻‍🎓 ESIC is implementing the Atal Bimit Vyakti Kalyna Yojna under which unemployment benefit is paid to the workers covered under ESI Scheme.

👨🏻‍🎓 The eligibility criteria for availing the relief has also been relaxed, as under:

a. The payment of relief has been enhanced to 50% of average of wages from earlier 25% of average wages payable upto maximum 90 days of unemployment.

b. Instead of the relief becoming payable 90 days after unemployment, it shall become due for payment after 30 days.

c. The Insured Person can submit the claim directly to ESIC Branch Office instead of the claim being forwarded by the last employer and the payment shall be made directly in the bank account of IP.

d. The Insured Person should have been insurable employment for a minimum period of 2 years before his/her unemployment and should have contributed for not les than 78 days in the contribution period immediately preceding to unemployment and minimum 78 days in one of the remaining 3 contribution periods in 02 years prior to unemployment.

👩🏻‍🎓 The ESI Corporation has decided to extend the scheme for one more year upto 30th June 2021.

Sudheendra Kumar

Team – Intellex Strategic Consulting Private Limited

Economiclawpractice.com, Intellexconsulting.com, Startupstreets.com, Yuvamorcha.com

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