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PM asks unions to create environment for investment

india Updated: Apr 27, 2007 20:32 IST
HS Bartwal

Prime Minister Manmohan Singh has urged the trade unions and business leaders to help create an environment in the country in which both the Government and private sector are encouraged to invest.This would lead to generation of more gainful employment while promoting the workers’ interest, he stated in his address to the 41st session of the Indian Labour Conference that began in Delhi on Friday.

Calling for an industrial relations policy that is sensitive to absorb new technologies, he said the experience of countries like China should "alert" India to the vital role of industrial modernisation and management of technical change.

The need of the hour is to strike a proper balance between the modernisation process and protection of the workers’ interests for which it is necessary to evolve mechanisms to “smoothen” the effects of processes of technological change,Singh emphasised.

"Our industrial relations policy must be sensitive both to the need to absorb new technologies and ensure competitiveness of our firms, as well as the need to create new employment opportunities and protect the interests of the working people,” the PM said at the function where he presented the Shram Awards, 2004 to 45 workmen for their outstanding performance in their organisations.

He gave an assurance that the UPA Government would work with trade unions and industries to strengthen labour laws to ensure that the twin objectives of employment generation and workers’ welfare were achieved.PM asks unions to create environment for investment


New Delhi, April 27

Prime Minister Manmohan Singh has urged the trade unions and business leaders to help create an environment in the country in which both the Government and private sector are encouraged to invest.This would lead to generation of more gainful employment while promoting the workers’ interest, he stated in his address to the 41st session of the Indian Labour Conference that began in Delhi on Friday.

Calling for an industrial relations policy that is sensitive to absorb new technologies, he said the experience of countries like China should "alert" India to the vital role of industrial modernisation and management of technical change.

The need of the hour is to strike a proper balance between the modernisation process and protection of the workers’ interests for which it is necessary to evolve mechanisms to “smoothen” the effects of processes of technological change,Singh emphasised.

"Our industrial relations policy must be sensitive both to the need to absorb new technologies and ensure competitiveness of our firms, as well as the need to create new employment opportunities and protect the interests of the working people,” the PM said at the function where he presented the Shram Awards, 2004 to 45 workmen for their outstanding performance in their organisations.

He gave an assurance that the UPA Government would work with trade unions and industries to strengthen labour laws to ensure that the twin objectives of employment generation and workers’ welfare were achieved.