Business Daily from THE HINDU group of publications
Saturday, Dec 30, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Management
`Lockouts account for more mandays lost since 1995'

Our Bureau

`Number of mandays lost due to strikes estimated to be 8.58 crore'

New Delhi , Dec. 29

The number of mandays lost due to lockout decisions implemented by company managements during the last 10 years is more than double compared to the number of mandays lost due to strikes declared by trade unions and labour organisations, according to the data computed by the Shimla-based National Labour Bureau under the Ministry of Labour and Employment.

Overall, the number of mandays lost due to strikes between 1995 and 2005 has been estimated to be 8.58 crore while the number of mandays lost due to lockouts declared by the managements in the same period stands at 17.94 crore, according to the labour bureau. The year 2003 witnessed the highest loss of mandays amounting to 3.02 crore while 1995 had the lowest loss of 1.69 crore mandays.

Among the major States, West Bengal tops the list among States having lost the maximum number of mandays. During 2005 only, the State lost 33.49 lakh mandays due to strikes and another 1.58 crore mandays on account of lockouts.

According to Labour Ministry officials, the estimates clearly shows that the number of mandays lost due to lockouts are much higher than the number of mandays lost due to strike by employees.

The reasons for the rise in the number of mandays lost on account of lockouts had varied from year to year. The reasons include settlement with regard to wages and allowances, bonus, indiscipline, violence, trade union rivalries, personnel matters, non-implementation of agreements and awards, officials maintained.

More Stories on : Management | Trade & Labour Unions

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Reviving heritage


HTL plans to sell land in Chennai
Aban Offshore to make open offer for Sinvest
Marg to raise Rs 300 cr to fund projects
Lanco bags Rs 565-cr Karnataka road contract
Jayshree Chem gets safety award
`Lockouts account for more mandays lost since 1995'
Sujana group cos' amalgamation gets shareholders nod
Takeover of a going concern
Aurobindo Pharma buys Dutch co Pharmacin
Pride Group plans hotel in Chennai
NTPC signs pact for coal-fired project in Lanka
Ipca's Atenolol gets Chinese nod
Radha Realty rebuilding 100 schools
ISO certification for NMDC
Leela group to focus on luxury segment
Sanjeev Saran to head SRTEPC


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line