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Social Welfare
No affirmative action on quotas in pvt sector: Chidambaram
Our Bureau
Mr P. Chidambaram, Finance Minister, flanked by Mr Y.K. Modi, President, FICCI, and Mr Onkar S. Kanwar, President-elect, at the FICCI AGM in the Capital on Monday. — Ramesh Sharma
New Delhi
,
Dec. 27
THE Government has no intention to legislate "affirmative action" (reservations) in the private sector, the Union Finance Minister, Mr P. Chidambaram, has said here.
"All that we are keen is to open a dialogue with industry on this issue," he said in his address at the 77th Annual General Meeting (AGM) of the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday.
Mr Chidambaram said the latest stance of certain Opposition parties that affirmative action should be legislated only indicated that they were playing "perverse politics", which, he said, must be "put on the back burner." In his address at the AGM, the outgoing President of FICCI, Mr Y.K. Modi, suggested a host of measures that could be considered by the Government rather than looking at reservation in the private sector.
Mr Modi suggested that businesses employing, say, more than 10 per cent of their work force from disadvantaged groups be given tax credit and price preference on Government procurement. He also recommended that soft loans be offered to the disadvantaged groups for the start-up of businesses.
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