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LATEST NEWS UPDATES | Under Modi, 25% Decline in Public Sector Workers -Subodh Varma

Under Modi, 25% Decline in Public Sector Workers -Subodh Varma

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published Published on Jan 4, 2019   modified Modified on Jan 4, 2019
-Newsclick.in

Casual and contract workers’ proportion to regular workers has gone up to a record 53%.


Nearly 2.4 lakh workers of government-run public enterprises have lost their jobs since the Narendra Modi led BJP government took power in 2014. That’s a massive 25 per cent of the workforce. Simultaneously, the number of casual and contract workers has increased to 3.8 lakh. The proportion of such employees has zoomed up from just 36% in 2014 to a whopping 53% in 2018. This emerges from the annual Public Enterprises Survey (PES) series, brought out by the Department of Public Enterprises.

Seen with the record-breaking disinvestment of public sector assets – amounting to over Rs. 2 lakh crore during the Modi rule – the gutting of what was once India’s pride, the backbone of India’s industrial economy and self-reliance, is clear.

This is one of the key reasons why public sector workers are going on a two-day strike on 8-9 January 2018. The strike has been called by a joint platform of ten central trade unions and dozens of independent federations. One of the key demands of the 12-point demand charter is a stop to privatisation and sale of public sector, while another demand is for increasing employment opportunities.

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Newsclick.in, 2 January, 2019, https://www.newsclick.in/workersstrikeback-under-modi-25-decline-public-sector-workers?fbclid=IwAR1u-VcHSkj-TWb1ry6k5ge79v4-gdVyz05DxEDrwTmAKZBGhkOXrHVDmAE


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