6th June 2014 Hon’ble Finance Minister met with Labour Leaders

Source: BMS      Date: 06 Jun 2014 20:41:08

Finance Minister Sri Arun Jaitely met today with Labour Leaders for consultation on ensuing Budget. BMS was represented Sri Baij nath rai (President) and Sri Virjesh Upadhyay (General Secretary) similarly representative of INTUC, AITUC, CITU, HMS and others were also present.

A joint memorandum was submitted to Finance Minister which contained three parts i) Problems ii) Area where Budget to be allocated as Labour points of view iii) Resources.

1-As problems following points were raised :-

(a)Control of price rise which is directly heating wages,

(b)Fixation of Minimum wages of Rs 15000/-p.m. linked with D.A.,

(c)Social Security to all as constitutional liability,

(d)Redressal of 10 points Charter of Demand pending since last 3 years,

(e)Stoppage of FDI in Rail, Defence, Financial Sector, Retail Trade, Education , Health and Media etc,

(f)Stoppage of Disinvestment in profit making PSU,

(g)Scheme Workers to be regularised as worker under I.D. Act,

(h)Exipidite Banking negotiations etc.

2-Budget Allocation

(a)MGNREGA workers to be engaged in Agricultural production work by redefining section 2 (r) and, increasing Budget as per need,

(b)Increasing Social Security Fund to all including Unorganised Social Security Fund,

(c)Review of loss making PSU and provide fund for their Revival,

(d)Increase fund for skill Development and Employment,

(e)Interim Relief for 7th Pay Commission and include Labour Representation in the Commission,

(f)Increase suitable fund for Anganwadi and other Scheme Worker by declaring then as worker under I.D. Act,

(g)The whole BPL be redefined for providing benefit to poor people and allocating needed fund,

(h)Budgetary support for traditional Industry like Jute, Textile, Carpet etc,

(i)Income Tax Relief to the tune of Rs 5 Lakh etc.

On Resource

(a)Increase Taxes on rich people

(b)Increase corporate social responsibility (CSR) by increasing employees share.

(c)Bring out BLACK MONEY from within the country, Labour leaders welcome the constitution of SIT for Black Money of outside.

After hearing the Trade Unions leaders the Minister declared that present days are hard and tough days for Indian Economy but however he assured to take possible issues for consideration in his Budget.


(D.K. Pandey)

Secretary HQ

[email protected] Bharatiya Mazdoor Sangh