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Lower minimum employment rule to spur jobs: leather sector
Context
The leather industry has welcomed the Budget proposal to cut the minimum period of employment
The change
Earlier the
- Minimum period of employment was 240 days
Now,
- Minimum period of employment is 150 days
Intention behind the move
The move is aimed at creating new employment opportunities
- The Centre has made these changes along with certain amendments to Employment Provident Fund Act to encourage employment of more women. Earlier, this relaxation was available to the textile sector and the anomaly has been set right
