The self-styled 'foremost media conglomerate of India', the Hindustan Times group are doing what the Birlas have been notorious for since their earliest avatar as Birla Brothers in the 1910s. They have launched a large-scale retrenchment of media workers in Hindustan and Hindustan times. In this, they have displyed remarkable 'quality' and innovation', their professed hallmark, in creating an atmosphere of terror and uncertainty. Physical threats, humilation and molestation are all part of the time-tested innovative practices that are supposed to counter the economic crisis.
The Delhi Union of Journalists (DUJ) has called for a united front of all journalists and press unions for a consorted fight to check the menace of mass coercive dismissals and retrenchments in the newspaper industry in the country and now spreading manifold even in Delhi. Side by side it has called upon the government of India and the Delhi state government to intervene immediately to stall unfair labour practices while the wage board was in motion, or face direct action.
THE corporate world was so elated over inflated investment figures reportedly inked at the Vibrant Gujarat summit that they immediately crowned chief minister Narendra Modi as a future prime minister of the country. But what the corporate honchos did not know is that all that investments, even if true, come to the state only over 71 dead bodies at the altar of the glittering diamond trade of the state.
Pragoti editorial team's Subhanil Chowdhury delves into the cause of the layoffs in the Indian economy amidst the slowdown and argues for public expenditure and investment that will put purchasing power in the hands of the people as the way out. An earlier article on the same issue by the author can be found here .
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.