Hire and fire not acceptable in India
Supporting the idea of labour reforms in the country, telecom czar SunilBharti Mittal on Sunday said “hire and fire policy” is not going to beacceptable in the country and asked India Inc to be much more benevolent.
“I think labour reforms again are something desirable but having a hire andfire policy in a country like India is not going to be a acceptable task,neither should that be the requirement from the industry,” Mittal, chairmanBharti Group said.
“We have to be much more benevolent much more care taking of our labour forceand our people and that at least the philosophy that I hold very dear to myselfand I think all industry players must (follow the same).
However, he maintained that there will be times of distress for corporatehouses, when they may take such steps. He thus voiced for a"platform" where the government and industry can hold discussions onsuch a subject.
“...there will be industries in distress ... and they need to have someflexibility from time to time so it will be desirable for the industry andgovernment to come together create a platform on which they can have adiscussion when in trouble, how should industry behave,” he added.
Corporate houses, both in India and abroad, have resorted to job cuts to stayafloat amid the global economic crisis.
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