EAC was established in the year 1998 for implementation of National Renewal funds Scheme and was recognized by Department of Public Enterprises as a Nodal Agency for implementation of Counselling, Retraining and Redeployment of VR employees of CPSUs. 

The main objective of EAC is to rehabilitate the voluntarily retired employees in self-employment and wage employment through counseling, motivation, retraining and follow up services.

The EAC retrained more than 15,000 rationalised employees of private organizations, State and Central PSUs.

Functions

• Sensitization of VR employees on self-employment and wage employment opportunities
• Retraining and re-deployment of VR employees