Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | 45,000 workers lose jobs in F&#039;bad units -Bijendra Ahlawat    </title>
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-The Tribune

Industries reduce number of shifts as sales fall

Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation.

In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual,..."/>
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-The Tribune

Industries reduce number of shifts as sales fall

Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation.

In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual,..." />
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    <h1 class="cat-box-title">45,000 workers lose jobs in F&#039;bad units -Bijendra Ahlawat</h1>
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                            <div align="justify">-The Tribune<br /><br /><em>Industries reduce number of shifts as sales fall<br /><br />Faridabad: </em>Industrial units here have started laying off the excess employees, courtesy demonetisation.<br /><br />In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual, have reportedly lost their job in this industrial city. A large number of employees who received their salaries through cheque are still waiting to cash it due to delay in the opening of their bank accounts.<br /><br />Admitting that manufacturing units had been hit with production and sales falling up to 35 per cent, Navdeep Chawla, president, Faridabad Industries Association (FIA), said a majority of the medium and large industries had resorted to cutting down the number of shifts. The units, which had three shifts earlier, were now running two shifts and had dropped the overtime clause due to drop in production or sales. He said while the organised sector saw no major threat to its operations or existence, the real victim had been the unorganised sector or the contractual workers.<br /><br />At least 10 per cent of the total workforce between 4.5 -5 lakh had been retrenched, he claimed. Several units that had been working without bills and had only cash transactions were affected badly due to demonetisation, he claimed.<br /><br />Describing the impact as severe, Rajiv Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME), said employees of many units were yet to get their salaries in hand. &ldquo;While many banks were not showing any interest in opening new accounts, some employees who had received their salary in cheque could not cash it so far,&rdquo; he said, adding that even his own organisation, which was allowed a withdrawal of Rs 50,000 per week, had not been able to get money due to non-availability of cash in the bank. &ldquo;More units could go for cutting down the headcount or shutting down if the situation does not improve soon,&rdquo; said Ramneek Prabhakar of the Manufacturers Association, Faridabad.<br /><br />Meanwhile, more than 50 per cent of the total 661 ATMs in the city either run dry quickly or are closed, resulting in long queues outside banks.</div>                                                           
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    <br><a href="http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html" class="re" target="_blank">The Tribune, 9 December, 2016, http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html</a><div class="clear"></div>
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-The Tribune

Industries reduce number of shifts as sales fall

Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation.

In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual,..."/>
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-The Tribune

Industries reduce number of shifts as sales fall

Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation.

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    <h1 class="cat-box-title">45,000 workers lose jobs in F&#039;bad units -Bijendra Ahlawat</h1>
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                            <div align="justify">-The Tribune<br /><br /><em>Industries reduce number of shifts as sales fall<br /><br />Faridabad: </em>Industrial units here have started laying off the excess employees, courtesy demonetisation.<br /><br />In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual, have reportedly lost their job in this industrial city. A large number of employees who received their salaries through cheque are still waiting to cash it due to delay in the opening of their bank accounts.<br /><br />Admitting that manufacturing units had been hit with production and sales falling up to 35 per cent, Navdeep Chawla, president, Faridabad Industries Association (FIA), said a majority of the medium and large industries had resorted to cutting down the number of shifts. The units, which had three shifts earlier, were now running two shifts and had dropped the overtime clause due to drop in production or sales. He said while the organised sector saw no major threat to its operations or existence, the real victim had been the unorganised sector or the contractual workers.<br /><br />At least 10 per cent of the total workforce between 4.5 -5 lakh had been retrenched, he claimed. Several units that had been working without bills and had only cash transactions were affected badly due to demonetisation, he claimed.<br /><br />Describing the impact as severe, Rajiv Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME), said employees of many units were yet to get their salaries in hand. &ldquo;While many banks were not showing any interest in opening new accounts, some employees who had received their salary in cheque could not cash it so far,&rdquo; he said, adding that even his own organisation, which was allowed a withdrawal of Rs 50,000 per week, had not been able to get money due to non-availability of cash in the bank. &ldquo;More units could go for cutting down the headcount or shutting down if the situation does not improve soon,&rdquo; said Ramneek Prabhakar of the Manufacturers Association, Faridabad.<br /><br />Meanwhile, more than 50 per cent of the total 661 ATMs in the city either run dry quickly or are closed, resulting in long queues outside banks.</div>                                                           
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    <br><a href="http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html" class="re" target="_blank">The Tribune, 9 December, 2016, http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html</a><div class="clear"></div>
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-The Tribune

Industries reduce number of shifts as sales fall

Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation.

In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual,..." />
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                            <div align="justify">-The Tribune<br /><br /><em>Industries reduce number of shifts as sales fall<br /><br />Faridabad: </em>Industrial units here have started laying off the excess employees, courtesy demonetisation.<br /><br />In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual, have reportedly lost their job in this industrial city. A large number of employees who received their salaries through cheque are still waiting to cash it due to delay in the opening of their bank accounts.<br /><br />Admitting that manufacturing units had been hit with production and sales falling up to 35 per cent, Navdeep Chawla, president, Faridabad Industries Association (FIA), said a majority of the medium and large industries had resorted to cutting down the number of shifts. The units, which had three shifts earlier, were now running two shifts and had dropped the overtime clause due to drop in production or sales. He said while the organised sector saw no major threat to its operations or existence, the real victim had been the unorganised sector or the contractual workers.<br /><br />At least 10 per cent of the total workforce between 4.5 -5 lakh had been retrenched, he claimed. Several units that had been working without bills and had only cash transactions were affected badly due to demonetisation, he claimed.<br /><br />Describing the impact as severe, Rajiv Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME), said employees of many units were yet to get their salaries in hand. &ldquo;While many banks were not showing any interest in opening new accounts, some employees who had received their salary in cheque could not cash it so far,&rdquo; he said, adding that even his own organisation, which was allowed a withdrawal of Rs 50,000 per week, had not been able to get money due to non-availability of cash in the bank. &ldquo;More units could go for cutting down the headcount or shutting down if the situation does not improve soon,&rdquo; said Ramneek Prabhakar of the Manufacturers Association, Faridabad.<br /><br />Meanwhile, more than 50 per cent of the total 661 ATMs in the city either run dry quickly or are closed, resulting in long queues outside banks.</div>                                                           
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    <br><a href="http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html" class="re" target="_blank">The Tribune, 9 December, 2016, http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html</a><div class="clear"></div>
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Home हिन्दी

45,000 workers lose jobs in F'bad units -Bijendra Ahlawat

Published on Dec 12, 2016   Modified on Dec 12, 2016

-The Tribune Industries reduce number of shifts as sales fall Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation. In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual, have reportedly lost their job in this industrial city. A large number of employees who received their salaries through cheque are still waiting to cash it due to delay in the opening of their bank accounts. Admitting that manufacturing units had been hit with production and sales falling up to 35 per cent, Navdeep Chawla, president, Faridabad Industries Association (FIA), said a majority of the medium and large industries had resorted to cutting down the number of shifts. The units, which had three shifts earlier, were now running two shifts and had dropped the overtime clause due to drop in production or sales. He said while the organised sector saw no major threat to its operations or existence, the real victim had been the unorganised sector or the contractual workers. At least 10 per cent of the total workforce between 4.5 -5 lakh had been retrenched, he claimed. Several units that had been working without bills and had only cash transactions were affected badly due to demonetisation, he claimed. Describing the impact as severe, Rajiv Chawla, president, Integrated Association of Micro, Small and Medium Enterprises of India (IAMSME), said employees of many units were yet to get their salaries in hand. “While many banks were not showing any interest in opening new accounts, some employees who had received their salary in cheque could not cash it so far,” he said, adding that even his own organisation, which was allowed a withdrawal of Rs 50,000 per week, had not been able to get money due to non-availability of cash in the bank. “More units could go for cutting down the headcount or shutting down if the situation does not improve soon,” said Ramneek Prabhakar of the Manufacturers Association, Faridabad. Meanwhile, more than 50 per cent of the total 661 ATMs in the city either run dry quickly or are closed, resulting in long queues outside banks.

The Tribune, 9 December, 2016, http://www.tribuneindia.com/news/haryana/community/45-000-workers-lose-jobs-in-f-bad-units/334720.html

Tagged with: msmes MSME micro small and medium enterprises (msmes) Employment Unemployment Demonetisation Currency demonetisation Cash shortage cash deficit cash crunch

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