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The Times of India News

Business / The Times of India

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Retrenched staff to get reskilling fund within 45 days of losing job

Job loss will now come with a financial boost for reskilling. Under new draft rules, retrenched employees will receive funds equivalent to 15 days' wages within 45 days of losing their job. This initiative aims to institutionalize skilling and support workers transitioning to new roles. Employers must also prioritize rehiring previously retrenched staff for similar vacancies.

2 Jan 2026 5:27 am