Which from following unemployment scheme was extended by the government of India for a period of two years from July 2022 to June 2024?
Correct Answer :
Atal Beemit Vyakti Kalyan Yojana
Solution :
The correct answer is Atal Beemit Vyakti Kalyan Yojana.
Explanation:
The Employees' State Insurance Corporation (ESIC), under the Ministry of Labour and Employment, Government of India, extended the Atal Beemit Vyakti Kalyan Yojana for a period of two years from July 1, 2022, to June 30, 2024.
Key Details of the Scheme:
1. Objective: The Atal Beemit Vyakti Kalyan Yojana is a welfare measure launched to provide financial support to insured persons (IPs) covered under the Employees' State Insurance (ESI) Act, 1948, who become unemployed.
2. Financial Assistance: Under this scheme, relief in the form of a cash payout (unemployment benefit) equal to 50% of the average daily earning is paid directly to the bank account of the worker for a maximum period of 90 days during their lifetime in case of job loss.
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