What are the rights of a terminated employee in india?
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An employee has the right to receive a final paycheck, the option of continuing health insurance coverage and may be eligible for severance pay and unemployment compensation benefits.
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If we talk about years between 1999-2000 then we find that 32 % of the labour force, in the year 1999-2000, was unemployed. In absolute terms the number of unemployed stood at 26.58 million.Only about 8 % of the total employment is in organised sector. More than 90 % are engaged in informal sector activities, which is, largely outside the reach of any social security benefits and also suffers from many handicaps in form of limited access to institutional facilities and other support facilities.
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