25)Atal Bimit Vyakti Kalyan Yojana

Question 1

what is it

Answer 1

It is financial support program to those who have lost job

Question 2

is it launched after covid

Answer 2

No

It was launched in 2018 by Employees State Insurance Corp(ESIC)

Question 3

Is it for every one

Answer 3

No only those who were covered under ESIC

Question 4

Provisions

Answer 4

These are new provisions added

1 Payment of 50% of average wages for 90 days(earlier it was 25%)

2 The person can apply now after 30 day of job loss(early it was 90 days)

3 Person will receive money after 15 days of application