Labour ministry to compile data on layoffs, pay cuts - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Labour ministry to compile data on layoffs, pay cuts

This labour ministry initiative comes as stressed economic situation has raised fears of widespread layoffs/salary reductions in India’s organised sector and in the backdrop of Prime Minister Narendra Modi’s repeated appeals to employers to be considerate to employees. EPFO or ESIC to call up employees to collect details about their salary clearance, jobs.

from Economy-News-Economic Times
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