Unemployment Allowance is a benefit for employees who lose their jobs due to no cause for their part (on due to the closure or retrenchment of factories or permanent incapacity that is more than 40% that results due to non-employment-related injuries). The amount of unemployment allowance is equal to 50 percent of an insured worker’s daily earnings. It is granted for up to a year to workers who have made contributions for at least three years.
During this period, free medical services are also available to those who are beneficiaries as well as their dependents. Every country or every state has different programs in relation to benefits for unemployment. The benefits vary in the circumstances of every state. This is all you should know about unemployment insurance.
Rajiv Gandhi Shramik Kalyan Yojna (RGSKY)
The RGSKY was launched in 2005 to provide insurance to those who are unable to work due to closure or retrenchment of a business or factory and who suffer permanent disability up to a minimum of 40% due to an injury that is not related to work as deemed by an Medical Board.
Atal Beemit Vyakti Kalyan Yojna (ABVKY)
In the context of Atal Bimit Vyakti Kalyan Yajana, all employees working in organized sectors, should they lose their jobs when this happens, they receive financial aid for a period of 24 months through ESIC. Employees who are covered by ESIC are eligible for this program. This financial aid will be given to them depending on their salary. What information will we provide us in the following article. The financial aid provided via ESIC will be deposited direct to the beneficiary’s banking account.
Pradhan Mantri Berojgari Bhatta Yojana (PMBBY)
It is expected that the Indian Government is set to announce an additional monthly unemployment allowance scheme to assist the jobless youngsters across the country. According to reports the Central Government has been working to introduce an Universal Basic Income (UBI) scheme. In the course of this scheme, unemployed young people in India will receive financial assistance in the shape of a guaranteed unemployment allowance of the amount of Rs. 2,000- Rs. 3,500 per month on a monthly basis.
The scheme for unemployment is set to be announced under the direction of the Prime Secretary Narendra Modi. According to reports the PM’s Berojgari Bhatta Plan 2020 is designed to create more employment opportunities and decreasing the problem of rising levels of unemployment in India.
The primary goal of the scheme is to offer financial aid to youth who are unemployed in the state. The benefits is that Uttar Pradesh Berojgari Bhatta Yojana 2022 is only available for students who have completed their education but because of some reason, could not find a job. The age of applicants to receive unemployment compensation should be in the range of 21 to 35 years old. The income of the family of the applicant should not exceed Rs.03 lakhs per year. Only residents in Uttar Pradesh can apply for this scheme.
Recruitment for the government and other related organisations is no longer done according to the wishes of the service provider , but rather on a an ongoing basis via the portal of the department of employment on computers. The fair for employment will be held each month at the office for employment. A goal has been established to organise a fair for employment in the state. 32 companies will offer work to 70000 youngsters in Lucknow. Unemployed applicants are able to apply for the jobs with the application form on”Sewayojan” or the “Sewayojan App”.