Industry & Economy
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Labour Reforms
AIOE calls for flexibility in contract labour legislation
Our Bureau
New Delhi
,
Nov 2
THE proposed reforms in the labour policy will make Indian industry dynamic to sustain the growth rate of 8-9 per cent for another five years, according to Mr O.P. Lohia, President of the All-India Organisation of Employers.
Commenting on the note on `Making Labour Markets Flexible: Suggestions for Consideration', presented by the Labour Ministry before the Standing Committee of Parliament on Labour recently, Mr Lohia urged members of Parliament to achieve wider consensus on the proposals to stimulate growth and employment generation in the country.
He said that contract labour legislation needs flexibility to allow the industry to create job opportunities.
The biggest beneficiary would be the textiles sector; it can increase India's share of exports from four per cent to eight per cent by 2010, in the process creating 12 million new jobs.
However, the proposed changes allowing only peripheral jobs to be contracted out may have a marginal impact. For a fuller benefit, Section 10 of the Contract Labour (Regulation and Abolition) Act 1970 should be deleted, he added.
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