Modi Government to provide financial assistance to unemployed for two years on job loss
Tuesday - November 26, 2019 4:03 pm ,
Category : WTN SPECIAL
A big gift to the employed people by the Modi Government
Modi Government gives a 'big support' to those working in the private sector
NOV 26 (WTN) - There is no guarantee of job continuity in the private sector. As long as the job is going on, then the financial needs are met by a regular salary. But if the job is lost due to some reason, the people in the job have to face the shortage of money. Unemployment makes it difficult for unemployed to take responsibility for the family.
In this era of global economic recession, millions of people have lost their jobs. However, if you are qualified and hardworking, soon you can get a new job to the best of your ability. But the Unemployed person has to face the shortage of money from the time of leaving the job of getting a new job. Due to lack of financial requirements after leaving the job, many people take the step like committing suicide.
But the Modi Government at the Center has come up with a scheme whereby the government will deposit a certain amount in their bank account every month for a certain time to the unemployed people for selective reasons. If you work in the private sector, then you must have been shocked to read that is it really possible? In fact, the Modi Government had approved a scheme called “Atal Bimit Vyakti Kalyana Yojana” last year; and under this scheme, the Modi Government, after being unemployed for selective reasons for a fixed period of 24 months will deposit a fixed amount in the bank account of the concerned person.
But there are also some conditions for availing of this scheme. The first condition is that only those who work in the organized sector can take advantage of this scheme. Also, it is necessary for such people to be insured with ESIC and have a minimum tenure of two years. Under this ambitious scheme of the Modi Government, ESIC pays cash to the concerned person for a period of 24 months in case of permanent disability due to involuntary loss of employment or non-employment injury. But one more condition for getting the benefit of this facility is that the concerned person's Aadhaar number and bank account must be linked to the database.
At the same time, those people who are removed from the company due to wrong conduct will not get the benefit of this scheme. Also, workers who have filed criminal cases or those who have taken voluntarily retire (VRS) will also not be able to avail of the scheme. For your information, let us know that the employees of the organized sector will be able to take advantage of this scheme only once in their life. That is under this scheme, they can get financial assistance only once in life. If you work in the organized sector and you also want to take advantage of this scheme, then for this you must have to visit the ESIC website and then you have to register for “Atal Bimit Vyakti Kalyana Yojana”.
It can be said that through this scheme, the Modi Government has understood the biggest problem of those working in the private sector. The biggest objective of this scheme is that the unemployed person does not have to face financial problems after the job is lost and his and his family can meet the financial needs for at least 24 months.
The main objective of this scheme is to remove the economic troubles caused by unemployment. This scheme of the Modi Government will benefit the lakhs of people working in the private sector, whose job is lost for some reason. That means it is clear that now you lose your employment due to some reason, it does not mean that you will lose the regular income, if you take advantage of the “Atal Bimit Vyakti Kalyana Yojana”, then from leaving the job to getting a new job Modi Government will give you financial help in a period of time.
It can be said that through this scheme, the Modi Government has played a ‘masterstroke’. In fact, the country's vast job-oriented middle class is traditionally considered the vote bank of the BJP. This middle class has been the biggest contributor to the BJP's victories in the 2014 and 2019 Lok Sabha elections. To make this middle class happy, the Modi Government is going to provide financial assistance in the event of job loss. It can be said that this decision of the Modi Government will have huge political benefits for the BJP in the coming times.
NOV 26 (WTN) - There is no guarantee of job continuity in the private sector. As long as the job is going on, then the financial needs are met by a regular salary. But if the job is lost due to some reason, the people in the job have to face the shortage of money. Unemployment makes it difficult for unemployed to take responsibility for the family.
In this era of global economic recession, millions of people have lost their jobs. However, if you are qualified and hardworking, soon you can get a new job to the best of your ability. But the Unemployed person has to face the shortage of money from the time of leaving the job of getting a new job. Due to lack of financial requirements after leaving the job, many people take the step like committing suicide.
But the Modi Government at the Center has come up with a scheme whereby the government will deposit a certain amount in their bank account every month for a certain time to the unemployed people for selective reasons. If you work in the private sector, then you must have been shocked to read that is it really possible? In fact, the Modi Government had approved a scheme called “Atal Bimit Vyakti Kalyana Yojana” last year; and under this scheme, the Modi Government, after being unemployed for selective reasons for a fixed period of 24 months will deposit a fixed amount in the bank account of the concerned person.
But there are also some conditions for availing of this scheme. The first condition is that only those who work in the organized sector can take advantage of this scheme. Also, it is necessary for such people to be insured with ESIC and have a minimum tenure of two years. Under this ambitious scheme of the Modi Government, ESIC pays cash to the concerned person for a period of 24 months in case of permanent disability due to involuntary loss of employment or non-employment injury. But one more condition for getting the benefit of this facility is that the concerned person's Aadhaar number and bank account must be linked to the database.
At the same time, those people who are removed from the company due to wrong conduct will not get the benefit of this scheme. Also, workers who have filed criminal cases or those who have taken voluntarily retire (VRS) will also not be able to avail of the scheme. For your information, let us know that the employees of the organized sector will be able to take advantage of this scheme only once in their life. That is under this scheme, they can get financial assistance only once in life. If you work in the organized sector and you also want to take advantage of this scheme, then for this you must have to visit the ESIC website and then you have to register for “Atal Bimit Vyakti Kalyana Yojana”.
It can be said that through this scheme, the Modi Government has understood the biggest problem of those working in the private sector. The biggest objective of this scheme is that the unemployed person does not have to face financial problems after the job is lost and his and his family can meet the financial needs for at least 24 months.
The main objective of this scheme is to remove the economic troubles caused by unemployment. This scheme of the Modi Government will benefit the lakhs of people working in the private sector, whose job is lost for some reason. That means it is clear that now you lose your employment due to some reason, it does not mean that you will lose the regular income, if you take advantage of the “Atal Bimit Vyakti Kalyana Yojana”, then from leaving the job to getting a new job Modi Government will give you financial help in a period of time.
It can be said that through this scheme, the Modi Government has played a ‘masterstroke’. In fact, the country's vast job-oriented middle class is traditionally considered the vote bank of the BJP. This middle class has been the biggest contributor to the BJP's victories in the 2014 and 2019 Lok Sabha elections. To make this middle class happy, the Modi Government is going to provide financial assistance in the event of job loss. It can be said that this decision of the Modi Government will have huge political benefits for the BJP in the coming times.
