Consider the following statements:
As per the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018:
1. if rules for fixed-term employment are implemented, it becomes easier for the firms/companies to lay off workers
2. no notice of termination of employment shall be necessary in the case of temporary workman
Which of the statements given above is/are correct?
Explanation
Statement 1 is correct: The Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018 introduced fixed-term employment across all sectors. Under this system, contracts expire automatically at the end of the agreed period without requiring formal retrenchment procedures or payment of retrenchment compensation, making it significantly easier for firms to lay off or shed workers in response to fluctuating market demands.
Statement 2 is correct: Under Schedule I of the amended Rules, no notice of termination of employment shall be necessary in the case of a temporary workman (whether monthly rated, weekly rated, or piece rated) or probationers.
Therefore, both statements are correct — Option C.