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State of Kerala - Section

Section 121 in Kerala Factories Rules, 1957

121. Calculation of cash equivalent of advantage accruing through the concessional sale of food grains and other articles.

- The cash equivalent of the advantage accruing through the concessional sale of food grains and other articles payable to workers proceeding on leave shall be the difference between the value of the average rates in the nearest market prevailing during the month immediately preceding his leave and the value at the concessional rates allowed of food grains and other articles he is entitled to.For the purpose of the cash equivalent monthly average market rate of food grains and other articles shall be computed at the end of every month.