Fin Min proposal of extending fix term hiring across sectors, trade unions raise objection

New Delhi, Feb 5 (KNN) Proposing the Union Budget 2018-19 in the parliament earlier last week, Finance Minister Arun Jaitley announced that the government is considering to extend the fixed term contract hiring beyond apparels to all the sectors.

This move would allow employers to hire workers on specific projects on contractual basis for a definite term.

Responding to the proposal, RSS affiliated Bharatiya Mazdoor Sangh has registered their objection.

BMS in a press interview said that the announcements are not labour friendly and both the measures announced in the budget including norms for EPF and push for fixed term contracts are bound to lead to protests in the country.

Also the  Centre of Indian Trade Unions (CITU) has termed the budget as disappointing for failing to address the corporate ‘tax theft’ or take efforts to recover unpaid debts from the corporate sector. It flags the failure of the government to ensure Rs. 18,000 as a floor minimum wage.

Commenting on similar lines New Trade Union Initiative (NTUI) in their assessment of the budget raised that the document does no good neither for agricultural nor industrial workers.

Earlier, In a major boost to improve Ease of Doing Business in the country, Finance Minister Arun Jaitley in his Budget 2018-19 speech, has extended the fixed-term contract hiring beyond apparels to all sectors, this announcement is well welcomed in the industry.

Also V.K Agarwal Past President of Federation of Indian Micro and Small & Medium Enterprises (FISME) said that the announcement of extending the fixed term contract hiring provision could prove to be one of the biggest labour reform in the country.

Reacting on this, Anil Bhardwaj, Secretary General of Federation of Indian Micro and Small & Medium Enterprises (FISME) said, “Extending the facility of Fix term employment to all sectors is a big labour reform which will encourage MSMEs to hire and create more employment. (KNN/DA)