The Finance Minister Nirmala Sitharaman who has been taking a strong decision on the economy of the nation, organized pre-Budget discussions with the representatives of different Trade Unions and Labour Organizations herein regarding the Upcoming Union Budget 2020-21.
An official statement presented that, during the course of the meeting, representatives of trade unions and labour organizations shared their views and suggestions regarding labour and employment issues.
The discussion was focused on skilling, re-skilling and up-skilling of the existing labour force, as well on the quality of job creation and ensuring the least wages for workers.
The statement claims that the trade unions have told the Minister about how disinvestment of public sector undertakings (PSUs) is not the correct decision and is resulting in job losses, according to the union leaders.
The Finance Ministry statement said the participants in the meeting aired their concerns about the provision of social security to labour. They also emphasized the need for streamlining various schemes to have better results.
She also said that the members in the gathering disclosed their concern about the provision of social security to labour. They additionally stressed the requirement for streamlining different plans to have better outcomes.
Experts and representatives from various trade unions gave suggestions related to skill development in labour-intensive areas, alignment of skill development initiatives with cluster development, creation of a dedicated fund for skill enhancement, allocation of more funds to MGNREGA rural employment scheme and increase in the number of days of work under the programme, the statement said.
The meeting was attended by the Minister of State for Finance Anurag Thakur, besides various Secretaries of the concerned ministries, the CBDT Chairman, Chief Economic Adviser K.V. Subramanian V.V. Giri National Labour Institute Director-General H. Srinivas, and other senior officials of the Finance Ministry.