The fund aimed at easing the burden of structural adjustment on labour, providing assistance to firms for rationalisation of their workforce, and funding schemes for compensation, retraining, and redeployment of rationalised workers.
National Renewal Fund was constituted for the purpose of
Asked in UPPCS Prelims 2010 · Topic: Industrial Sector (Labour Reforms and Employment in the Industrial Sector)
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Answer: D. restructuring & modernization of industries.
More Economic Development questions
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