The Senate is told that the government is not in a position to give a precise date for the introduction of the amendment to the Retrenchment and Severance Act in the parliament.
However, Labour Minister, Jennifer Baptiste Primus, assured that the issue is of top priority to the government.
She said at present the Ministry is holding consultation with various stakeholders on the act and only after this process is completed then it can be carried to another level.
The Act was a hot topic following the decision of multi-national company Arcelor Mittal to close its operations locally.
The company said the move was taken due to a slowdown in steel activity on the international market and a decline in profits.