India Inc. recommends action plan to give a big push to drive job growth.
Pitching for a comprehensive national employment mission, India Inc on Sunday called for an inter-ministerial and all-State National Employment Board for driving job creation, while also recommending an “immediate action” plan, including labour law reforms.
“Employment generation extends to multiple dimensions and a national mission is required to address all aspects holistically. The Government National Employment Mission should include flexibility in hiring, tax incentives, education and skill development, and promotion of labour-intensive sectors,” Chandrajit Banerjee, Director-General, Confederation of Indian Industry (CII), said. The industry body said the government should set up the Employment Board with representation from all stakeholders including key ministries, State governments, industry experts and trade unions. The Board, it suggested, should look into employment creation hurdles and address them on real-time basis.
Additionally, the CII recommended a five-point agenda for the Budget to give a boost to employment and sought introduction of fixed term employment and labour law reforms. “While the industry is not asking for a hire-and-fire policy, a more flexible labour regime would enable India to align with multiple global trade challenges at a time when other nations are attracting new investments,” it said.
Source: The Hindu
