Consider the following statements about India's labour reforms introduced in 2025 : 1. The Industrial Relations Code, 2020 introduces Re-skilling Fund by an industrial establishment which is equal to 15 days wages for every worker retrenched in addition to the retrenchment compensation, and has to be credited in the worker's account within 45 days of retrenchment. 2. With respect to Trade Union Recognition, any union with 41% membership shall get recognition as the Negotiating Union. Which of the statements given above is/are correct?
1 only
Statement 1: Under the Industrial Relations Code, 2020, an industrial establishment retrenching a worker must credit a Re-skilling Fund contribution equal to 15 days' wages for that worker, in addition to the usual retrenchment compensation, and this amount has to be credited to the worker's account within 45 days of retrenchment. This statement is correct.
Statement 2: Under the Code's provisions on Trade Union Recognition, a union needs the support of 51 percent of workers, not 41 percent, to be recognised as the sole Negotiating Union; where no union crosses this threshold, a Negotiating Council is formed. This statement is incorrect.
Hence, the answer is that only statement 1 is correct.
Similar Questions
The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025 allows private sector participation, under a license from the Central Government, to undertake which of the following?
1. Plant operations
2. Power generation
3. Equipment manufacturing
Select the correct answer using the code given below.
Consider the following statements with reference to the Promotion and Regulation of Online Gaming Act, 2025 :
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Which of the statements given above is/are correct?
Which one of the following systems has been adopted by the Government of India to improve cash management, reduce idle balance, enhance transparency and strengthen expenditure efficiency as a major public financial management system reform?
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Select the answer using the code given below.
Important Questions from Government Policies and Schemes
The Scheme of Mega Food Park aims at providing a mechanism of direct linkage from farm to processing and then to consumer markets through a network of collection centres and primary processing centres. In which of the following states did Narendra Singh Tomar virtually inaugurate Mega Food Park in November 2020?
Which of the following states announced the setting up of a 'Gau Cabinet' in November 2020 for the protection and promotion of cattle?
In which state was the special awareness campaign for women ‘Mission Shakti’ launched in October 2020?
The ‘International Satavadhanam’ program, launched virtually by the Vice President in November 2020 is related to:
In October 2020, what was the name of the initiative launched by Indian Railways for the safety of its women passengers?
