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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-trace').style.display = (document.getElementById('cakeErr6839e3468fa65-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6839e3468fa65-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-code').style.display = (document.getElementById('cakeErr6839e3468fa65-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-context').style.display = (document.getElementById('cakeErr6839e3468fa65-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6839e3468fa65-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
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NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
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Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc--4687845.html"/>
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-The New Indian Express
There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce..."/>
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<strong>Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc.</strong></h1>
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<div align="justify">-The New Indian Express<br /><br /><em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br /><br />NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br /><br />“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.<br /><br />The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4" title="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br /></div> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-trace').style.display = (document.getElementById('cakeErr6839e3468fa65-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6839e3468fa65-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-code').style.display = (document.getElementById('cakeErr6839e3468fa65-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-context').style.display = (document.getElementById('cakeErr6839e3468fa65-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6839e3468fa65-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/>
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-The New Indian Express<br />
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<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
<br />
NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
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The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br />
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Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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<br />
NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
<br />
&ldquo;There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,&rdquo; a senior finance ministry official told TNIE.<br />
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The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br />
<br />
Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce...'
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$adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
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</pre></div></pre>latest-news-updates/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc--4687845.html"/>
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<title>LATEST NEWS UPDATES | Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc. | Im4change.org</title>
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-The New Indian Express
There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce..."/>
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<strong>Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc.</strong></h1>
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<div align="justify">-The New Indian Express<br /><br /><em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br /><br />NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br /><br />“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.<br /><br />The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4" title="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br /></div> </font>
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header - [internal], line ??
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Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
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<head>
<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-trace').style.display = (document.getElementById('cakeErr6839e3468fa65-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6839e3468fa65-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-code').style.display = (document.getElementById('cakeErr6839e3468fa65-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6839e3468fa65-context').style.display = (document.getElementById('cakeErr6839e3468fa65-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6839e3468fa65-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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-The New Indian Express<br />
<br />
<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
<br />
NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
<br />
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<br />
The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br />
<br />
Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
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NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
<br />
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<br />
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Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce...'
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-The New Indian Express
There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce..."/>
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<strong>Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc.</strong></h1>
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<div align="justify">-The New Indian Express<br /><br /><em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br /><br />NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br /><br />“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.<br /><br />The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4" title="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br /></div> </font>
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-The New Indian Express<br />
<br />
<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
<br />
NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
<br />
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<br />
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<br />
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-The New Indian Express<br />
<br />
<em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br />
<br />
NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br />
<br />
“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.<br />
<br />
The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br />
<br />
Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br />
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-The New Indian Express
There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce...'
$disp = '<div align="justify">-The New Indian Express<br /><br /><em>There were also reports that the auto sector has seen 3 lakh crore jobs being lost.<br /><br />NEW DELHI: </em>TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.<br /><br />“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.<br /><br />The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4" title="http://www.newindianexpress.com/business/2019/aug/22/abstain-from-speculations-give-exact-job-loss-count-finance-ministry-tells-india-inc-2022559.html?fbclid=IwAR2yzpd6v6QZQWiHm20GYacVGq0FLPk5o_WpQGt4fRY8GGneRhSJO1lX7N4">click here</a> to read more. <br /></div>'
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LATEST NEWS UPDATES | Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc. | Im4change.org
Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc.
-The New Indian Express
There were also reports that the auto sector has seen 3 lakh crore jobs being lost.
NEW DELHI: TAKING notice of daily reports on job losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic.
“There are a number of reports that talk of job losses, and mostly come through reports. This is creating panic. The ministry has asked the businesses to give the exact job loss figures so that the government can assess the actual state of the economy. Businesses should,” a senior finance ministry official told TNIE.
The reaction came following media reports saying biscuit company Parle G is planning to sack 10,000 people, owing to slowdown. Also, much to the dismay of the government, the Northern India Textile Mills Association (NITMA), an association of textile mills in north India, advertised in leading business dailies on Wednesday that 3 crore jobs in the sector is under threat.
