Good news for employers: The Modi government can make this change in graduation rules

New delhi date. October 30, 2019, Wednesday

The Modi government is about to bring good news to the people soon. The Modi government is going to make major changes to the rules of graduation. If approved, the 5 year job deadline for graduation will be met shortly.

Not to mention, graduation money is very important to employees. In this case the Modi government is going to abolish the 5 year time limit for graduation by doing 1 year.

The research bill will be introduced in Parliament this winter session this year to amend the Narendra Modi government's graduation rules of the center. If approved, the employed will get a graduation, not after 5 years of employment, but after one year of employment.

According to the existing rules, for graduate money, the employee must work in one of the companies for 5 years. The government is going to reduce this 5 year time. The research bill can do this for 1 year.

If the government makes this decision and the bill is passed, then there is good news for the employed. Most of the benefits will come from those working in the private sector. According to this decision, after changing the job within 1 year, the person will get the graduation money.

What is Graduation?

If graduation is to be viewed in simple terms, then these employees have the added benefit of being offered by their company. In practice, the employee gets it while he has been working in a company for five years. If an employee dies during the current job, the graduation money is paid to his nominee.

Graduation money depends on the salary of the employee and the working hours for his company. The calculation is quite simple. An employee's graduation is calculated by multiplying his 15-day salary by the number of years he has worked at the company.