Financial Daily from THE HINDU group of publications Sunday, Nov 28, 2004 |
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Economy Industry & Economy - Labour Reforms India can lead in `inclusive globalisation', says ILO chief Our Bureau
The Director-General, ILO, Mr Juan Somavia (right), with the FICCI President, Mr Y.K. Modi, during a meeting with businessmen on `Social dimension of globalisation' in the Capital on Saturday. - Ramesh Sharma
New Delhi , Nov. 27 INDIA can lead the world in finding a way forward to `inclusive globalisation' and balanced nation development. This can be achieved only by connecting the globalised part of the economy and society to the villages and townships where the masses of people are struggling hard to make a living. This was stated here on Saturday by the Director General of the International Labour Organisation (ILO), Mr Juan Somavia. Speaking on `Social Dimension of Globalisation' at a meeting here organised jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI)and the Council of Indian Employers (CIE), Mr Somavia said fair globalisation needs good national governance, fair trade rules, capital, technology, labour standards and migrant workers. Mr Somavia expressed optimism over ILO's tripartite experience of working together on complicated issues and building consensus with a global perspective that will help improve the performance of the multilateral system, especially on creating opportunities for decent work. Speaking at the meeting, the FICCI President, Mr Y.K. Modi, stressed that bridging the skill deficit was imperative because in India most of the existing vocational technical institutions do no have enough connectivity with the trade and industry. FICCI with the support of ILO could identify 10-15 industrial and technical institutions across States and restructure the curriculum, increasing their interface with the business and industry. This would improve employability of the students and at the same time industry will get people with the required skills, he said.
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