The Hindu Business Line : Labour reforms

This refers to the editorial, "Labour reforms" (Business Line, October 20). It is a sad fact that while the economic reforms may have boosted industrial productivity and brought in foreign investment, they have failed to create employment opportunities.

Mere growth in GDP without proportionate employment generation cannot be `growth in the real sense'.

In the era of economic reforms, where it is argued that the employment security system is responsible for the slow growth of industrial employment, it is difficult to claim `security of employment' anymore.

It is, therefore, imperative to safeguard at least the `security of the workers'. For this, the statutory minimum wages should be fixed in such a way that wage-workers are able to attain a minimum acceptable standard of living. Collective bargaining is vital in wage determination.

C. Ramesh

Keeramangalam (TN)

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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