Ministry of Labour and Employment
Industrial Relations Code, 2020 →Setting up of Reskilling Fund under section 83 (1) of IR Code 2020
Ministry of Labour and Employment published this gazette notification (Gazette ID: CG-DL-E-08052026-272345) on 8 May 2026, filed under Extra Ordinary, related to the Industrial Relations Code, 2020. The purpose of this notification is to establish a framework for the Reskilling Fund, which will support the re-skilling and up-skilling of workers in accordance with the changing needs of the industry.
| Issue Date | |
| Published | |
| Gazette ID | CG-DL-E-08052026-272345 |
| Category | Extra Ordinary |
| Part & Section | Part II-Section 3-Sub-Section (ii) |
| Related Code | Industrial Relations Code, 2020 |
Action Required
Employers and HR departments must take note of the Reskilling Fund and explore opportunities to utilize it for the upskilling and reskilling of their workers, which may involve collaborating with training providers and submitting applications for funding.
Statutory Penalty Risk
Penalty under section 87 of the Industrial Relations Code 2020 for non-compliance with the provisions related to the Reskilling Fund.
Statutes & Rules Amended
- Industrial Relations Code 2020
- Section 83 (1) of IR Code 2020
Purpose
The purpose of this notification is to establish a framework for the Reskilling Fund, which will support the re-skilling and up-skilling of workers in accordance with the changing needs of the industry.
Summary
The Ministry of Labour and Employment has issued a gazette notification for setting up a Reskilling Fund under section 83 (1) of the Industrial Relations Code 2020, aiming to promote skill development and upskilling of workers. This initiative is expected to benefit workers in various industries, including manufacturing and service sectors, by providing them with opportunities to acquire new skills and enhance their employability.
Frequently Asked Questions
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Source: egazette.gov.in ·