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Central trade unions objects to govt’s decision to set up a new panel on minimum wages
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Central trade unions objects to govt’s decision to set up a new panel on minimum wagesBy
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It is ridiculous as the term of the committee is longer than the current tenure of the government, says trade unions.
Reuters
Unions have suggested the government consider the earlier recommendation of the Satpathy committee and send it for further discussion.
Central trade unions, including the RSS-affiliate Bhartiya Mazdoor Sangh, have objected to the labour ministry’s decision to set up a new committee on minimum wages saying it is ridiculous as the term of the committee is longer than the current tenure of the government.
NEW DELHI – The number of people employed fell to 375.45 million in May from 390.79 million in April, according to the Centre for Monitoring Indian Economy (CMIE).
At least 15.33 million Indians lost their jobs in May, erasing gains achieved since July 2020, a situation that may adversely affect consumer spending and economic revival.
The number of people employed fell to 375.45 million in May from 390.79 million in April, according to the Centre for Monitoring Indian Economy (CMIE). In April and May, the number of people employed in salaried and non-salaried jobs fell by almost 23 million as the second wave of the pandemic infected millions of Indians, and states imposed lockdowns to stem the spread of the virus.
The constitution of the committee, notwithstanding the technical expertise, will send adverse signals to the stakeholders that the government is simply biding time.