Budget 2018: Trade unions urge govt to focus on employment generation

Budget 2018

The leaders claimed thousands of people had lost their jobs because of demonetisation

BUDGET 2018: Trade Unions want the government to allocate more funds in the Union Budget for employment generation and claimed that opening up the retail market to foreign players would lead to further loss of jobs.

Though Finance Minister Arun Jaitley had said suggestions made by TU leaders during a pre-budget consultation meet last month would be considered, the leaders felt the government's economic exercise was only meant to benefit corporate house.

The leaders of two major central unions claimed thousands of people had lost their jobs because the government's demonetisation decision had adversely affected small and medium industries, forcing them to either shut down or sack workers.

"We want the government to spend the maximum in job creation. We think after such a big loss of jobs in India because of demonetisation, the government should bring back jobs lost and generate more jobs," All India Trade Union Congress (AITUC) general secretary Amarjit Kaur told PTI.

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