Daily Current Affairs for UPSC Civil Services Exam – 04 February 2021

In Today’s News:

  1. Atal Beemit Vyakti Kalyan Yojana.
  2. Nirbhaya Fund Framework.

1. Atal Beemit Vyakti Kalyan Yojana

News Summary

The claim process under the Atal Beemit Vyakti Kalyan Yojana scheme has been liberated. ESIC has now decided that in cases where the employer has shown “Zero” contribution in respect of an employee for some months before exiting him from the system, the relief under ABVKY for such period of “Zero” contribution, shall also be allowed.

Click here to view the PIB release.

Prelims GS – Economic Development

Atal Beemit Vyakti Kalyan Yojana:
  • Atal Beemit Vyakti Kalyan Yojana (ABVKY) scheme is a welfare measure for employees covered under Section 2(9) of ESI Act, 1948, in the form of relief payment up to 90 days, once in a lifetime.
  • The Scheme was introduced w.e.f. 01-07-2018 on a pilot basis for a period of two years initially.
  • The scheme has now been extended for another year i.e. from 1st July 2020 to 30th June 2021.
  • Atal Beemit Vyakti Kalyan Yojana of ESI Corporation provides relief in form of cash compensation to Insured Persons in the contingency of their unemployment.
  • Presently under this Scheme, 50% of the average earning of the Insured Person is paid for a maximum of 90 days in case of his unemployment subject to certain contributory conditions:-
    • The Insured Person should have been in insurable employment for a minimum period of two years immediately before her/his unemployment.
    • Insured Person should have contributed for not less than 78 days in the contribution period immediately preceding unemployment and a minimum of 78 days in one of the remaining three contribution periods in two years prior to unemployment.
    • The contingency of the unemployment should not have been as a result of any punishment for misconduct or superannuation or voluntary retirement.

Click here to know more about the scheme in ESIC website.

2. Nirbhaya Fund Framework

News Summary

Under Nirbhaya Fund, schemes/ projects worth Rs. 9288.45 Cr. have been appraised to date. This information was given by the Union Minister of Women and Child Development in Rajya Sabha.

Click here to view the PIB release.

Prelims GS – Governance/Economic Development

Nirbhaya Fund:
  • The Nirbhaya Fund Framework provides for a non-lapsable corpus fund for the safety and security of women.
  • Nirbhaya Fund is administered by the Department of Economic Affairs (DEA) of the Ministry of Finance (MoF) of the Government of India.
  • The Ministry of Finance through DEA is the nodal Ministry for any accretion into and withdrawal from the corpus, and the Ministry of Women and Child Development is responsible to review and monitor the progress of sanctioned projects/ schemes in conjunction with the concerned Central Ministries/ Departments.
  • One-Stop Centre Scheme is one of the famous schemes funded through Nirbhaya Fund.

Click here to view the Nirbhaya Fund guidelines.



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