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Glossary

Re-skilling fund

The fund under the labour codes to which transfers following retrenchment must be made within ten days.

Stated as at · Reviewed · All terms

The re-skilling fund is the fund under the labour codes, brought into force on 21 November 2025, to which transfers following retrenchment are made. Those transfers must be made within ten days.

The ten-day transfer is the deadline most likely to be missed, because retrenchment is usually handled as a negotiation and the payment obligation sits outside the negotiation. The position is stated as at 9 September 2026.

Used in

Sources

  1. ActThe Code on Social Security, 2020 (No. 36 of 2020)indiacode.nic.inOn this site: The Code on Social Security, 2020
  2. ActThe Code on Wages, 2019 (No. 29 of 2019)indiacode.nic.inOn this site: The Code on Wages, 2019
  3. RulesThe Social Security (Central) Rules, 2026, G.S.R. 344(E), 8 May 2026labour.gov.inOn this site: Social Security (Central) Rules, 2026
  4. ActThe Occupational Safety, Health and Working Conditions Code, 2020 (No. 37 of 2020)indiacode.nic.inOn this site: The Occupational Safety, Health and Working Conditions Code, 2020

Cite this termRe-skilling fund. Juris Eagle glossary. Stated as at 9 September 2026. https://juriseagle.com/glossary/re-skilling-fund