New Delhi, July 6 -- If you are an employee covered under the Employees' State Insurance (ESI) scheme, there is some good news. The Employees' State Insurance Corporation (ESIC) has extended the Atal Beemit Vyakti Kalyan Yojana (ABVKY), allowing eligible insured workers who lose their jobs to continue receiving unemployment assistance until 30 June 2027.

The scheme, which was due to end on 30 June 2026, has been extended for another year. It offers temporary financial support to eligible employees during periods of unemployment while they look for a new job.

The extension was approved during the 198th ESIC meeting, chaired by Union Labour and Employment Minister Mansukh Mandaviya.

The renewed scheme will remain in force from 1 July 202...