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Question
Under Industrial Dispute Act, 1947, what is the rate of compensation in layoff?
Under Industrial Dispute Act, 1947, what is the rate of compensation in layoff?
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Solution
The correct option is A 50% of Basic wage and DA
Under Industrial Dispute Act, 1947, the rate of compensation in layoff is 50% of basic wage and DA.Industrial
Dispute Act, 1947 is applicable to whole of India. This act came into
force from 1 April,1947. This act helps to regulate Indian labour law.
It also looks after the concerns related to trade unions.When
there are more than 100 or more workmen during proceeding 12 months
prior permission by the government is necessary for layoff.Failure,
refusal or inability of an employer to provide work due to shortage of
coal, power or raw materials, accumulation of stocks, breakdown of
machinery, natural calamity is called layoff.
Under Industrial Dispute Act, 1947, the rate of compensation in layoff is 50% of basic wage and DA.Industrial Dispute Act, 1947 is applicable to whole of India. This act came into force from 1 April,1947. This act helps to regulate Indian labour law. It also looks after the concerns related to trade unions.When there are more than 100 or more workmen during proceeding 12 months prior permission by the government is necessary for layoff.Failure, refusal or inability of an employer to provide work due to shortage of coal, power or raw materials, accumulation of stocks, breakdown of machinery, natural calamity is called layoff.
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