Assocham president, Sajjan Jindal, released a document ‘Jobs Scenario Post-Diwali’ on October 29, 2008 in New Delhi and announced that seven industry segments had drawn up conclusive plans to curtail their workforce by 25 to 30 per cent, which was likely to be announced in the next 10 days or so.
M K Pandhe, President, CITU has sent the following letter to Oscar Fernandes, Minister of Labour and Employment, regarding retrenchment and lay off by the employers in the prevailing global economic scenario.
M K Pandhe, President, CITU sent the following letter to Murli Deora, Minister of Petroleum & Natural Gas regarding the bail out the 'aam admi' from fuel price hike.
The economic policies are accompanied by pro-US stance of the Government of India which is succumbing to the pressure of US imperialists. This dangerous shift in the policy has posed a serious threat to India's commitment to Non-Alignment Policy. This year May Day rallies all over the country will reflect the growing determination of the working class and the toiling masses to oppose the globalization policies dictated by the World Bank and IMF.