Question
What is the provision for lay-offs, retrenchment, and
closure without government permission in the new industrial relation code?Solution
Firms with up to 300 workers can go ahead with lay-offs, retrenchment and closure without government permission. The new industrial relation code would also improve the ease of doing business by allowing firms with up to 300 workers to go ahead with lay-offs, retrenchment and closure without government permission.
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